Navigant Research Report Shows Utilities Will Rely on Advanced IT Systems for Distribution Management and Distributed Energy Resources Management

The global market for these solutions is expected to grow across
regions as utilities look to improve operational efficiencies, reduce
costs, and mitigate disruption

BOULDER, Colo.–(BUSINESS WIRE)–#DER–A new report from Navigant
Research explores how advanced distribution management systems
(ADMSs) and distributed energy resources management systems (DERMSs) are
enabling the Energy Cloud transition.

The global electric power industry is facing a fundamental shift from
centralized generation toward a mix of distributed energy resources
(DER) and smart grid solutions. This mix, known as the Energy Cloud, is
challenging utilities, which must manage and control an ever more
complex electrical grid. Click
to tweet: According to a new report from @NavigantRSRCH,
electric utilities will rely on the integration of existing ADMSs and
DERMSs to effectively manage changing business and network conditions.

“While dozens of solutions are being explored by utilities, ADMSs and
DERMSs are emerging as consensus winners in the Energy Cloud future,”
says Michael Kelly, research analyst with Navigant Research. “The global
market for these management solutions is expected to grow across all
markets as utilities look to improve operational efficiencies, reduce
costs, and mitigate the disruptive impacts of DER.”

For ADMS and DERMS vendors, Navigant Research recommends focusing on
flexibility, functionality, and interoperability. In addition,
developing integration expertise, enabling modularity, and creating
standardized product delineation can foster competition going forward.

The report, Optimizing
DER Integration and Grid Management with DERMS and ADMS,
examines the drivers behind ADMS and DERMS deployments and how these
solutions enable the Energy Cloud transition. The study discusses
evolving needs in the electric power industry today, explores new
business models, and compares investments in ADMSs and DERMSs to those
in other IT systems. It also explains why utility planning is critical
for seamless deployments of ADMSs and DERMSs and provides
recommendations for stakeholders on how to target this nascent market.
An Executive Summary of the report is available for free download on the Navigant
Research website.

About Navigant Research

Navigant Research, the dedicated research arm of Navigant, provides
market research and benchmarking services for rapidly changing and often
highly regulated industries. In the energy sector, Navigant Research
focuses on in-depth analysis and reporting about global clean technology
markets. The team’s research methodology combines supply-side industry
analysis, end-user primary research and demand assessment, and deep
examination of technology trends to provide a comprehensive view of the
Energy Technologies, Utility Transformations, Transportation
Efficiencies, and Buildings Innovations sectors. Additional information
about Navigant Research can be found at www.navigantresearch.com.

About Navigant

Navigant Consulting, Inc. is a specialized, global professional services
firm that helps clients take control of their future. Navigant’s
professionals apply deep industry knowledge, substantive technical
expertise, and an enterprising approach to help clients build, manage
and/or protect their business interests. With a focus on markets and
clients facing transformational change and significant regulatory or
legal pressures, the Firm primarily serves clients in the healthcare,
energy and financial services industries. Across a range of advisory,
consulting, outsourcing, and technology/analytics services, Navigant’s
practitioners bring sharp insight that pinpoints opportunities and
delivers powerful results. More information about Navigant can be found
at navigant.com.

* The information contained in this press release concerning the
report, Optimizing DER Integration and Grid Management with DERMS
and ADMS, 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.

Contacts

Navigant Research
Lindsay Funicello-Paul
+1.781.270.8456
lindsay.funicello.paul@navigant.com