virtual power plant (VPP)
As the growth in battery capacity is accelerating, the new milestone is one-quarter of the way to the state’s projected need of 52 GW of battery storage capacity by 2045.
Virtual power plants can help the power grid deal with some of its most pressing issues, such as meeting rising demand and helping to integrate more renewables affordably.
Virtual power plants could provide the same dispatchability and reliability as traditional centralized power plants, allowing customers to cut energy bills and emissions.
Home energy management company Renew Home has released a position paper arguing that VPPs can quickly be stood up to help meet growing demand.
NV Energy's virtual power plant market potential could grow from an estimated 134 MW this year to 1,230 MW in 2035, according to a new analysis.
California lawmakers voted to send a climate resilience bond measure to voters in November, and clean energy advocates are hailing the measure’s investments in offshore wind and transmission projects.
The 2024 Mid-America Regulatory Conference showcased a tug-of-war of positivity and cynicism over meeting growing demand with a fleet that should evolve faster to meet clean energy goals.
New York has launched a process to maximize the use and effectiveness of flexible tools such as distributed energy resources and virtual power plants.
California could significantly cut power costs through increased use of VPPs, according to the study by The Brattle Group and GridLab.
ERCOT stakeholders are moving closer to taking action on a tabled rule change that would address the reliability concerns with inverter-based resources.
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