Navigant Research identifies several key technologies for grid edge computing and distributed intelligence
A new report from examines the chief market drivers and barriers, as well as the regional and global trends, affecting the deployment of grid edge computing solutions.
As distributed energy resources (DER) spread, so does the growing need for intelligence, control, and flexibility in the distribution grid. This is magnified at the grid edge, where many new disruptive resources and their associated load dynamics are located. The grid edge is defined as the segment of the grid between the distribution substation and a DER network including assets on both the utility supply and customer demand side of the meter. : According to a new report from , the global market for grid edge computing and distributed intelligence is expected to reach $6.5 billion by 2027.
“Digitization technologies and strategies are pervasive in the grid, and distributed intelligence is being pushed further out on the grid than ever before,” says Michael Hartnack, research analyst with Navigant. “In the long term, grid edge intelligence and automation will enable the proactive development of markets for aggregated clean resources and services; reliable, efficient, and self-healing power delivery networks; and end-to-end integrated grid management strategies.”
According to the report, most current and past utility efforts have been largely reactive, focused on issues caused by distribution grid asset failures, renewables intermittency, shifting loads, capacity constraints, and bidirectional power flows. The report identifies and discusses the most important developments in grid edge computing technology poised to lead the grid edge into the future, including advanced metering infrastructure, distribution automation, Volt/VAR optimization, smart inverters, and DER integration.
This report, , defines the technologies and strategies being deployed at the grid edge. The study examines the chief market drivers and barriers, as well as the regional and global trends, affecting the deployment of grid edge computing solutions. Global market forecasts, segmented by category, technology, and region, extend through 2027. The report also provides an overview of grid edge computing applications and the key industry players. An Executive Summary of the report is available for free download on the .
Contact: Stefanie Bradtner
* The information contained in this press release concerning the report, Edge Computing and Distributed Intelligence for Grid Operations, is a summary and reflects Navigant Research’s current expectations 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 Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.
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