In a future world forecasts suggest distributed energy resources (DER) will be fundamental in reducing costs associated with increasing energy demand from electric vehicles (EVs) and variable power flows from renewable generation. With hundreds, possibly thousands of DER services operating on our electricity network it will be essential that we are able to effectively manage these services not only from a physics perspective, but also from an economic perspective. MERLIN will make use of Canadian based Opus One’s GridOS tools to assist with economic modelling of future networks.
This will help us understand the cost impact of DER services, allow us to make more informed investment decisions and assist in managing a wide ranging portfolio of DER services.