New York, June 20, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Distributed Energy Resource Management System Market Size, Share & Industry Trends Analysis Report By Offering, By End User, By Application, By Regional Outlook and Forecast, 2023 – 2029” – https://www.reportlinker.com/p06469110/?utm_source=GNW
This software and tools also help planners identify different factors, which increases productivity and makes use of visual datasets. Therefore, it is expected to generate more than 35% share of the software segment by 2029. In addition, DERMS software contributes to grid resilience by enabling islanding and microgrid capabilities. In a grid outage or emergency, DERMS can autonomously isolate and operate a section of the grid using local DERs, ensuring continuity of power supply to critical loads. Some of the factors impacting the market are globally increasing demand for electric vehicles (EV), rising governmental efforts to deploy the smart grid, and increased initial installation fee for distributed energy resource management systems.Read the full report: https://www.reportlinker.com/p06469110/?utm_source=GNWReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.
(GlobeNewsWire)