The electricity utility industry is currently undergoing the largest disruption since its inception more than a century ago. Driven by the five global factors of decarbonization, decentralization, deregulation, democratization and digitalization, a diverse set of devices involving various disruptive resources are now connected to the electricity grid – devices that are generally owned and operated by electricity customers and deployed “behind the meter”.
These disruptive resources are causing grid operators to rethink how the electricity grid will be managed, because unlike traditional generation sources, these resources are often invisible to the grid operator (limited visibility), outside of the control of the grid operator (limited control), characterized by hard-to-anticipate generation and consumption levels (limited predictability) and deployed without central planning (limited coordination).
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