| | OCT - DEC 202019E ERGYTech ReviewFor over 130 years, electrical power distribution has remained essentially unchanged. A central generation station delivered power through a transmission and distribution network to commercial and residential customers, who then consumed the produced energy in real time. An electron produced equaled an electron consumed by the customer. This old world of energy is rapidly evolving to a new world of energy, a world that is becoming increasingly more electric. It is estimated that electricity consumption will increase by 80 percent over the next 25 years.This increase in demand along with the trends of the energy sector's three Ds (decarbonization, decentralization and digitization) are driving dramatic changes in how energy is produced and consumed, as well as the business models governing its transaction. Let's explore one of these trends and the role it plays in energy storage. Decentralization The new world of energy is evolving towards a world where power is not only produced centrally but where much of the new power generation is also becoming decentralized; in other words, energy is produced at the edges of the grid and behind-the-meter (BTM) of commercial and industrial businesses.These Distributed Energy Resources (DERs) have changed the flow of electricity from a centrally produced, unidirectional flow to a distributed and multidirectional one. Furthermore, these DERs that live BTM have given By Michael Maiello, SVP, Technology, Schneider Electric The Battery Energy Storage System (BESS) PrimerCXO INSIGHTS
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