Digital Digest: Monthly Digest of Insights Shared by Your Peers in the Energy Central Intelligent Utility Network – January 21, 2022
- Jan 21, 2022 9:09 pm GMT
Welcome to the Intelligent Utility Network roundup, Digital Digest. As always, your fellow network members are paying close attention to digital utility and mobile workforce trends and sharing their insights. This month’s selection includes information about the difference between VPP and DERMS, predictive analytics intelligence, and more. Be sure to like and comment on your favorite posts. Happy reading!
VPP vs DERMS: What’s the Difference?
Link to original article: https://energycentral.com/o/GridIntellect/vpp-vs-derms-what%E2%80%99s-difference
At first glance, a virtual power plant (VPP) and a distributed energy resource management system (DERMS) appear to be very similar, as they’re both designed to coordinate with DERs and integrate with grid operations. However, as Stuart McCafferty, President at GridIntellect observes in this article, there are some subtle, yet important distinctions. For example, DERMSs are operated by utilities while VPPs may also be operated by third-party DER aggregators. Stuart notes that these differences are likely to become more blurred in the coming years.
Can Utilities Fix the Energy Equity Gap With Renewables?
Link to original article: https://energycentral.com/o/pxise-energy-solutions/can-utilities-fix-energy-equity-gap-renewables
The notion of households reducing their energy costs with DERs like solar PV and batteries is a helpful one. However, the households who need to lower their costs the most are also those who can’t afford to buy such items. Here, Becky Wheeler, Head of Marketing at PXiSE Energy Solutions suggests that utilities can be part of the solution by adding solar and storage to their own energy infrastructure and providing that power to everyone. She notes that, with the help of a DERMS, utilities can use this method without worrying about grid instability.
Drive To Net Zero Emissions: Digital Can Be a Powerful Abatement Lever for Downstream Utilities
Utility emissions can be classified into two sources, energy sales and distribution (the primary source of emissions), and activities that generate a footprint. In this piece, Anjan Lahiri, General Manager – Utilities: New Energy and Digital at Wipro Limited notes that utilities can use digital opportunities to make the transition to Net Zero faster, more profitable, and more customer-centric. They include tracking green energy supply and sale, reducing consumption through automated energy management, and improving ways of working.
Predictive Analytics Intelligence Is a Gold Mine for Business Bottom Line
Link to original article: https://energycentral.com/c/iu/predictive-analytics-intelligence-gold-mine-business-bottom-line
In this post, Michael Skurla, Chief Product Officer at Radix IoT describes how a number of technologies are coming together to allow a wider range of predictive capabilities within facility management, logistics, staffing, marketing, and safety. The results of such analyses can be used to forecast preventative maintenance and develop other actionable insights. Michael explains that such capabilities are now essential to the growing digital environment.
Thanks again for reading this edition of Digital Digest! The authors listed above are eager to hear your thoughts and questions, so don’t hesitate to engage them. And if you want your content to be featured in this spot in future issues, be sure to publish your posts within the Digital Utility or Mobile Workforce Community.
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