DTE Energy, Duke Energy, Exelon, Oncor, National Grid and PG&E are among more than 30 utilities and energy providers that have joined the council.
This milestone underscores the transformation underway within the electricity sector toward a more distributed energy system. Growing adoption of new customer energy management solutions requires the industry to develop new technology and market mechanisms to maintain a sustainable, interactive, reliable and efficient power network.
"Since the inception of the Council, GTM Research has bolstered its expertise and coverage of our existing markets, including advanced metering infrastructure, distribution automation, network operations and software and analytics, while broadening our reach into demand-side management, DER aggregation, energy storage and microgrids." said Ben Kellison, Director of Grid Research at GTM. "We are observing inflection points for these newer technologies as they transition from niche applications to technologies integrated into everyday grid operations."
The Grid Edge Executive Council represents an exclusive group of decision-makers driving the future of the electric grid. Members include stakeholders throughout the entire future electric ecosystem, including utilities and energy providers, solution providers, regulators, policymakers, integrators and consultants, and trade organizations. Through the Council, members can access timely research on market trends and engage with peers to tackle the electric grid's most pressing questions.
"Business model innovation at the grid edge is driving an unprecedented need for energy providers to rethink how they invest in new technology and partner to serve a new generation of advanced energy customers," said Steve Propper, Director of Grid Edge at GTM. "We're seeing strong utility engagement in the Council, with current utility members serving more than 125 million customers across 30 U.S. states and six countries worldwide. This subset alone operates distribution networks spanning more than 2 million miles, which gives a sense of the scale of transformation the industry faces."
This year, the Council will continue to expand market analysis across all grid edge markets. Members will have the opportunity to convene at six exclusive meetings held throughout the year, addressing key market challenges such as the proliferation of grid-connected devices and achieving lofty renewable energy integration goals.
For details on upcoming research and Council meetings, and to learn how to join the council, visit http://www.greentechmedia.com/research/subscription/grid-edge-council-membership.