ANDOVER, Mass., Dec. 7, 2017 /PRNewswire/ -- Schneider Electric, the global specialist in the digital transformation of energy management and automation, has been highlighted for its leadership in the Distributed Energy Resource Management 101 report published by Bloomberg New Energy Finance (October 19, 2017), a leading provider of unique analysis, tools and data for decision makers driving change in the energy system.
Distributed Energy Resource Management Systems (DERMS) are software platforms used by distribution utilities to monitor, manage, and dispatch both grid - connected and behind-the-meter distributed energy resources (DERs). Potential applications range from alleviating local voltage constraints to providing system peaking capacity. In the new world of energy, the future of power delivery to customers is continually evolving, and the opportunity to control DERs has attracted vendors from multiple angles.
"Bloomberg New Energy Finance is helping to define this growing space in the new energy landscape, and we are excited to be included as a diversified industrial vendor in the Distributed Energy Resource Management 101 report," said Jerome de Parscau, SVP, Energy Digital Solutions & Strategy, Schneider Electric. "As the market continues to evolve and diversify, we are rapidly embracing DERMS technology to provide value to both grid operating utilities and customers behind the meter."
Schneider Electric's recognition caps a year of accomplishments in the DER and microgrid space, from opening its bold Boston One Campus in Massachusetts, to announcing and enhancing its EcoStruxure Microgrid Advisor solution, and empowering customers and partners to deliver innovative microgrid solutions in Montgomery County, Maryland and Marine Air Corps Station Miramar.
About Schneider Electric
Schneider Electric is the global specialist in energy management and automation. With revenues of $26 billion US dollars (25 billion euros) in FY2016, our 160,000+ employees serve customers in over 100 countries, helping them to manage their energy and process in ways that are safe, reliable, efficient and sustainable. From the simplest of switches to complex operational systems, our technology, software and services improve the way our customers manage and automate their operations. Our connected technologies reshape industries, transform cities and enrich lives. At Schneider Electric, we call this Life Is On.
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SOURCE Schneider Electric