Search results for: 'software as a service transaction'

Flexible generation capacity and storage are key elements of the energy transition and the continued expansion of intermittent renewable energy (RE) because they offer unparalleled flexibility to optimally deliver energy and ancillary services. Frost & Sullivan forecasts global grid-scale battery energy storage systems (BESS) to experience rapid ex...

The digital grid maintenance market is undergoing a period of further integration and technological changes. This study provides an overview of the aspects of software-enabled digital grid maintenance. The market, like many others, is not insulated from the effects of the COVID-19 pandemic. However, while the COVID-19 pandemic initially contributed...

This research service analyzes the global mobile workforce management (MWM) market’s growth from 2023 to 2030, including regional market revenue forecasts (North America, Europe, Asia-Pacific, China, and Rest of the World). MWM products are off-the-shelf software solutions developed to efficiently manage activities and utility field representat...

The energy industry is the world’s most dynamic and in need of change. Electric utilities and power retailers are the backbone of the energy transition as they cope with increasing power demand and changing load patterns driven by electrification. They also enable greenhouse gas reductions by integrating distributed energy resources, such as solar ...

Digitalization is the key enabler of decentralization and decarbonization, the other two Ds shaping the energy industry transformation. Cloud computing, Big Data, analytics, and the Internet of Things (IoT) are among technologies that enable the digital transformation of electric utilities and facilitate new ways of electricity production, storage,...

This research service analyzes the Virtual Power Plant (VPP) market by end users (demand management, power trading), region (North America, Europe, Asia-Pacific, and Rest-of-world), trends, and revenue forecast till 2022. VPP promises significant improvements in grid reliability and resilience and early adoption has taken place in Western Europe an...

Globally, where the closure of coal power plants and the intermittent nature of RES challenge grid operations and stability, VPPs are a promising solution to add flexibility to the grid and solve energy issues of transmission congestion, peak demand, and peak-hour energy prices. Virtual power plants (VPPs) are an aggregation of decentralized distr...

The global energy market is currently undergoing a massive shift with decarbonization, decentralization and new technologies being the key driving factors. Utilities, independent power producers (IPPs) and other energy companies are exploring effective ways to manage the imbalance created in demand and supply due to the intermittent nature of the g...

An MG is an energy system consisting of a group of interconnected loads, distributed energy resources, consumers, and optional storage that acts as a single controllable entity with respect to the grid. A VPP is a virtual network that is dependent on software systems to connect remotely and automate dispatch of power generation. The fine line that ...