Electricity demand is surging, leading to rising infrastructure costs.
DERs encompass various energy-generating or flexible load sources connected to the low-voltage distribution system (flexibility), either behind or in front of customer meters. These resources include thermostats, grid-interactive water heaters, heat pumps, rooftop solar panels, batteries, electric vehicle charging stations, and more.
Over the next decade, experts estimate that these local resources could provide enough flexibility to cover 25% of peak electricity demand in the United States, potentially saving U.S. utilities up to $300 billion. To harness this flexibility, effective simulation and orchestration tools are required to connect utilities, aggregators, and resource owners.
How the SEM Suite can help
Nokia's SEM Suite provides advanced simulation, allowing utilities to effectively plan grid investments and non-wire solutions to manage and optimize DERs. This suite enables stakeholders to unlock the potential of DERs, creating a more resilient, cost-effective, and environmentally friendly energy ecosystem.