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What is a virtual power plant?

A virtual power plant is a network of energy devices, like rooftop solar, batteries and EVs, that are pooled together to serve the grid. With participants approval the devices can be called on by system operators to share, reduce and store electricity. VPPs are capital and cost-efficient choice for utilities, creating new revenue streams that also benefit consumers, while reducing the overall cost of the electricity system.

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News Aidan McFarlane News Aidan McFarlane

Bidirectional charging EV batteries could help EU save over $23 billion a year

Storing renewable energy in electric vehicle batteries (EVs) instead of stationary energy storage facilities could help the European Union save over 106.5 billion dollars (100 billion euros) over ten years, according to a European Federation for Transport and Environment (T&E) study. If the intricacies are worked out, EVs could become the fourth-largest electricity supplier in the EU by 2040. 

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Explainers Nadia Smith Explainers Nadia Smith

Rooftop solar Distributed Power Plants: A better way to generate electricity

Connecting a large amount of solar and battery systems together is called a Distributed Power Plant (DPP for short. It’s also called a Virtual Power Plant). You can think of this as a power plant that is in many places at once. Below we’ll explain why they’re needed, how they work, and action you can take to bring them to your community.

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News Nadia Smith News Nadia Smith

'Virtual power plant' makes good use of new energy

Ningxia is just one region taking the initiative to explore virtual power plants in China. Currently, the virtual power plant control platform manages five virtual power plants, involving 14 types of industries. Their adjustable electricity load is equivalent to three 600-megawatt thermal power units, saving an investment of about 9 billion yuan and reducing carbon dioxide emissions by about 8.3 million metric tons.

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News Nadia Smith News Nadia Smith

Texas leads VPP adoption with deregulated market

Texas is uniquely suited to adopt virtual power plant (VPP) technology due to its competitive, deregulated market. Its success highlights the “perverse incentive” of vertically integrated utilities in other US states to make capital expenditures without discretion to raise profits.

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