Smart Buildings

A Growth Spurt for Distributed Energy Resource Management Systems

A 2013 Memoori Report outlined that one of the main drivers for interfacing and integrating Smart Grid with Smart Buildings is to take advantage of distributed energy that is available in the many hundreds of thousands of smart buildings and industrial sites around the world. It stated that this development should be achieved through energy service companies. Over the past two years the case for Distributed Energy Resource Management Systems (DERMS) has increased dramatically. These are software-as-solution platforms capable of managing a wide range of resources to help integrate renewable energy and smart buildings to the grid, while flattening load curves and controlling prices. In the north-eastern state of Massachusetts, the utility company Unitil told regulators that the spread of distributed energy resources made managing the system increasingly complex. The state suffers from some of the highest electricity prices in the US and faces persistent reliability threats from storms and freezing winters. In response, regulators […]

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