Virtual power plant capacity must double to meet demand, the Department of Energy said in its latest report on virtual power plants.
Virtual power plants can play an essential role in meeting rising electricity demand, but to do so, utilities must bring them into the heart of their planning and rapidly take it to grid scale.
Berkeley Lab’s CalFlexHub says global adoption of an improved communications method can foster a transition from event-based demand response to continuous price-based demand flexibility—increasing demand for renewable power at sunny and windy times.
Also on the rise: Energy Department announces $289.7 million loan guarantee for widespread VPPs. Fifteen states shine with 50%+ solar growth in a year. And more.
Rising energy costs and environmental concerns are pushing buyers toward sustainable features, making virtual power plant capability a valuable selling point.
Also on the rise: 500 GW of solar could interconnect at existing fossil-fired generators. The great untapped potential of virtual power plants
global installed PV capacity tops 2 TW. And more.
Mary Powell, chief executive officer of major U.S. residential solar installer Sunrun delivered a keynote address on the promise of distributed energy during pv magazine USA week this October.
Also on the rise: Sunrun and New York utility embark on residential virtual power plant. U.S. solar factories: From announcements to reality. And more.
In coordination with Orange and Rockland Utilities, the VPP program makes 300 solar-plus-storage systems available for grid stability.
Also on the rise: Heliene receives $54 million investment to boost U.S. manufacturing. Enabling distributed battery owners in every state to earn compensation. And more.
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