Distribution network operators (DNOs) are facing curtailment and voltage management problems as DER assets increase and cause imbalances in the grid. Among the many ways DNOs are looking to solve these issues, one cutting edge solution is local energy markets (LEMs). Working in tandem with flexibility markets, LEMs can provide power quality improvements, reductions in congestion, and deferred capital infrastructure investments. LEM platforms can operate using various technologies; the focus of this webinar will be blockchain-enabled platforms.
The panel will discuss the current challenges and DNO solutions to curtailment and voltage management; the benefits LEMS has for the grid; LEM structure and marketplace functionality; and the benefits of blockchain. The discussion will also include case studies for LEM implementation and how a blockchain platform can support flexibility and local energy markets.