Popularized by an industry publication, the term “grid edge” refers to the varying hardware, software and business innovations that are increasingly enabling smart, connected infrastructure to be installed at or near the “edge” of the electric power grid.
The “edge”, can be defined as this; the proximity to end-use customers (at their homes, businesses or at distribution systems very close to both) rather than at power plants or along transmission lines.
Grid Edge encompasses;
Grid edge hardware: solar panels, advanced metering infrastructure, smart inverters, energy storage systems, smart thermostats, smart appliances and building controls.
Grid edge software: automated price-responsive demand response, real-time grid optimization (the balance between reliability, availability, efficiency and cost), data analytics, and integrated distribution system planning systems.
Grid edge business innovations: consumer analytics, third party ownership and control and aggregation for wholesale market participation.