GE Vernova, AspenTech OSI and Schneider Electric are grid DERMS leaders; KrakenFlex, EnergyHub, and Schneider Electric – AutoGrid lead grid-edge DERMS
BOULDER, Colo., March 5, 2024 /PRNewswire/ — A new report from Guidehouse Insights benchmarks companies providing distributed energy resources management systems (DERMS) platforms to independent power producers, DER aggregators, and utilities. To acknowledge the different use cases for each platform type, this report includes separate grids and rankings for grid DERMS providers and grid-edge DERMS providers.
The market for DERMS is rapidly evolving as DER adoption continues to increase worldwide. This Leaderboard considers companies that provide a software platform to third parties that is capable of intelligently managing, controlling, and optimizing a portfolio of aggregated DER such that the portfolio can provide grid services either through wholesale markets or directly to a distribution utility. According to Guidehouse Insights, GE Vernova, AspenTech OSI and Schneider Electric are the leading grid DERMS vendors and KrakenFlex, EnergyHub, and Schneider Electric – AutoGrid are the leading grid-edge DERMS providers.
“Market operators and regulators are working to adjust frameworks and regulations to further integrate DER aggregations into wholesale market activities,” says Dan Power, senior research analyst with Guidehouse Insights. “Meanwhile, distribution utilities and grid operators are looking to take advantage of the operational benefits of aggregated DER.”
Advanced software platforms like DERMS are essential to ensuring that grid stability is not compromised from DER operation and to utilizing DER capacity to provide essential grid services, according to the report.
The report, Guidehouse Insights Leaderboard: DERMS Providers, examines the strategy and execution of 10 leading vendors offering grid DERMS platforms and 15 leading vendors offering grid-edge DERMS platforms. The providers are rated on 12 criteria: vision; go-to-market strategy; partners/acquisitions/investors; product integration strategy; technology; geographic reach; sales, marketing, and distribution; platform performance; platform quality and reliability; project portfolio; pricing; and staying power. Using Guidehouse Insights’ proprietary Leaderboard methodology, vendors are profiled, rated, and ranked with the goal of providing an objective assessment of their relative strengths and weaknesses in the global DERMS platform market. An executive summary of the report is available for free download on the Guidehouse Insights website.
About Guidehouse Insights
Guidehouse Insights, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today’s rapidly changing and highly regulated industries. Our insights are built on in-depth analysis of global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research, and demand assessment, paired with a deep examination of technology trends, to provide a comprehensive view of emerging resilient infrastructure systems. Additional information about Guidehouse Insights can be found at www.guidehouseinsights.com.
About Guidehouse
Guidehouse is a leading global provider of consulting services to the public sector and commercial markets, with broad capabilities in management, technology, and risk consulting. By combining our public and private sector expertise, we help clients address their most complex challenges and navigate significant regulatory pressures focusing on transformational change, business resiliency, and technology-driven innovation. Across a range of advisory, consulting, outsourcing, and digital services, we create scalable, innovative solutions that help our clients outwit complexity and position them for future growth and success. The company has more than 16,000 professionals in over 55 locations globally. Guidehouse is led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets, and agenda-setting issues driving national and global economies. For more information, please visit www.guidehouse.com.
* The information contained in this press release concerning the report, Guidehouse Insights Leaderboard: DERMS Providers, is a summary and reflects the current expectations of Guidehouse Insights based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.
For more information, contact:
Cecile Fradkin for Guidehouse Insights
+1.646.941.9139
cfradkin@scprgroup.com
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SOURCE Guidehouse Insights
