Seeing behind the meter: How electric utilities are adapting to the surge in distributed energy resources
In collaboration with Siemens
Utility companies in North America are hurrying to keep up with historic changes taking place in the way electricity is generated, consumed, and monetized. But most companies lack the ability to measure and manage an energy economy impacted by the rapid adoption of electric vehicles, solar panels, and batteries, known as distributed energy resources, or DERs.
To better understand how electric utilities in the US and Canada are managing the rapid adoption of behind-the-meter distributed energy resources, Oxford Economics and Siemens surveyed 100 decision-makers from the industry during the fourth quarter of 2023. To complement the survey findings, two in-depth interviews were conducted with Yoh Kawanami, Director of Customer Energy Resources at Hawaiian Electric, and Michael McMaster, Solution Architect for NextGen Grid Management at Siemens.
The experts behind the research
Our Thought Leadership team produces original, evidence-based research made accessible to decision-makers and opinion leaders. Principals for this project included:
Sundus Alfi
Senior Research Manager, Thought Leadership
Edward Cone
Editorial Director and Technology Practice Lead, Thought Leadership
Zack Friedman
Managing Editor, Thought Leadership
Margaux McLoughlin
Research Associate, Thought Leadership
Tags:
You might be interested in…
Increasing renewables will reshape electricity prices
With more variable renewable energy (VRE), we expect electricity prices to rise in the short term.
Find Out More
Commodity price forecasts cut as tariffs weigh on demand
Most commodity price forecasts are cut due to tariffs except for gold and battery metals, which show resilience amid global market shifts.
Find Out More
The Green Leap: The politics of critical minerals
This Research Briefing is about some of the political issues flowing from the abundance in Africa of minerals critical to the green energy transition. In some places competition is violent, while in others, international cooperation is unlocking investment.
Find Out More
A lack of credibility is undermining climate targets
Many G20 countries lack credible climate targets, undermining efforts to meet Paris Agreement goals. Countries representing 65% of global emissions have low NDC credibility, increasing the risk of a delayed and costly transition. Strengthening policies and governance is essential to restore momentum and align with emissions goals.
Find Out More