Market Share of Active Network Management Industry
The active network management market is highly competitive due to the presence of numerous small and large players. Major organizations are actively working towards reducing greenhouse gas emissions to nearly zero or achieving Net Zero emissions within a specific timeframe. This imperative has driven the demand for Active Network Management solutions. Key industry players such as Siemens AG, General Electric Company, and Argand Solutions are at the forefront of developing innovative solutions to monitor real-time issues stemming from high distributed generation (DG) penetration, consequently increasing DG capacity within distribution networks.
- February 2023- Siemens entered a strategic partnership with EnergyHub to create a holistic and scalable next-generation DER management system (Distributed Energy Resources). Siemens' software will play a pivotal role in enhancing network planning, operation, and maintenance by considering all the distributed energy sources. This collaboration between Siemens and EnergyHub empowers utilities to leverage Siemens' network expertise and EnergyHub's grid-leading capabilities, resulting in a comprehensive portfolio element for a next-generation distributed energy resource management solution. This development is poised to enable utilities to achieve net zero emissions by harnessing distributed energy resources as a non-wiring alternative solution, reducing the need for investments in hardware.
- January 2023 - Expeto, Inc. joined forces with Portland General Electric (PGE), a prominent provider of public and private mobile networks, to accelerate the grid modernization process and the integration of renewable energy sources. Expeto's private wireless network, facilitated by Portland General Electric, will streamline automated grid resilience, track field conditions through intelligent sensors and equipment, integrate workers for enhanced employee safety, and provide electric vehicle charging stations for public grid use. This collaborative effort is set to advance the adoption of renewable energy and modernize the grid infrastructure.
Active Network Management Market Leaders
Schneider Electric SE
Siemens AG
Smarter Grid Solutions Ltd.
General Electric Company
Argand Solutions
*Disclaimer: Major Players sorted in no particular order
