Factor This How are DER flexibility markets transforming the grid and enabling utility savings?
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Transforming the grid to meet skyrocketing energy demand isn't just about switching generation sources but is instead about fundamentally redesigning the entire energy market. It's going to require unlocking the true potential of every Distributed Energy Resources (DER) that we have, and integrating them seamlessly into a complex, resilient system.
That’s easy to say but exceptionally complicated to do logistically and in a way that makes sense for a given market, which is why we wanted to talk with someone who isn’t just supporting this transformation, but is also actively working with utilities to better understand what’s happening at the grid edge to make informed decisions. Jo-Jo Hubbard is the Co-founder and CEO of Electron, which helps network utilities and grid operators adopt and scale flexibility markets to manage grid congestion, improve connection rates, and lower bills. Among other things, we discuss:
- Why utilities need to shift from a static view of the distribution grid to a real-time, dynamic model
- How smart coordination of DERs creates a resilient and efficient grid
- What it means to make DER orchestration simpler and more compelling to utilities
- How tiny efficiencies can lead to billions in savings at scale.
- The single biggest lesson learned that utilities need to have top of mind when designing their own DER aggregation and dispatch programs
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