In today’s rapidly evolving energy environment, Distributed Energy Resource Management Systems (DERMS) play a crucial role in optimizing power grids and ensuring efficient utilization of distributed resources. DERMS refers to a suite of technologies and strategies that enable real-time monitoring, control and optimization of complex energy networks. These systems manage the integration of distributed energy resources (DERs) into the grid, allowing for seamless coordination and efficient utilization. DERs include rooftop solar panels, batteries, electric vehicles and smart home devices.

Highlighting the importance DERMS has in the global energy transformation is a recent assessment of the technology by Guidehouse Insights, a leading market intelligence firm that provides emerging technology research, data and benchmarking for highly regulated industries. In its new report, Guidehouse Insights: Leaderboard DERMS Providers, 25 vendors offering software platforms for managing and optimizing aggregated DERs were evaluated across 12 criteria, including vision, technology, platform quality and reliability, pricing and staying power. We’re pleased to announce that AspenTech OSI ranked #2 in the analysis!

 

Key Benefits of DERMS

DERMS offers service providers a range of benefits, including:

• Maximizing Variable Renewable Generation: DERMS allows utilities to harness the full potential of renewable energy sources, such as solar and wind. By intelligently managing these variable resources, DERMS ensures optimal power generation while maintaining grid stability.
• Bi-Directional Power Flows: With DERMS, bidirectional power flows become manageable. It enables seamless integration of DERs into the grid, allowing energy to flow both from the grid to the DERs and vice versa.
• Enterprise-Wide Solution: DERMS provides an integrated solution that spans across the entire energy ecosystem. It optimizes resource allocation, load balancing and grid reliability, benefiting utilities, consumers and the environment.

By effectively managing distributed resources, utilities can achieve sustainability, reliability and cost-effectiveness. As we move toward a cleaner and more resilient energy future, DERMS will continue to play a pivotal role in shaping our grid systems.

 

AspenTech Digital Grid Management

AspenTech offers a comprehensive suite of solutions for grid management, including DERMS. Here are some key components:

• Advanced Distribution Management System (ADMS): ADMS improves safety, reliability and efficiency by providing timely and reliable data about grid conditions and outages. It enhances grid operations, outage management and fault detection.
• Distributed Energy Resource Management System (DERMS):DERMS optimizes the use of distributed resources. It dynamically manages load, integrates renewables and ensures grid stability. DERMS enables utilities to participate in regional market operations efficiently.
• SCADA and Historian: SCADA offers real-time monitoring and control for electric utilities. AspenTech OSI CHRONUS Historian handles data collection, archiving and queries of massive real-time data sets.

For more information, visit our Digital Grid Management page.

 

OPTIMIZE 24 Registration

OSI OpenForum™ is now OPTIMIZE, a worldwide AspenTech user conference focused on integrated, end-to-end solutions to help address today’s challenges in the era of energy transition, distributed energy resources, electrification transformation, cyber security and more. This event, taking place on April 29 – May 3 in Houston, Texas, will deliver tremendous value for you and your organization. For users of our Digital Grid Management software suite, we invite you to take advantage of a comprehensive three-day agenda highlighted by visionary keynotes, breakout sessions covering our solutions for the Power & Utilities industry, case studies from industry leaders and hands-on solution demos—along with numerous networking opportunities with your peers. In prior events, more than 95% of our attendees indicated that the user conference met or exceeded their expectations. For more details and to register, please see www.optimize2024.com