For utilities and other power providers without the time and resources to build or buy software and develop multi-asset VPPs on their own, AutoGrid’s turnkey VPP offering is a game-changing option.

In the dynamic Australian energy market, VPPs are playing a pivotal role in unlocking new revenue streams while providing grid support by balancing supply and demand.

Origin Energy has claimed bragging rights over rival AGL for the largest virtual power plant in Australia – and perhaps the world – as it outlines the strategies it is deploying to manage the rising shares of intermittent wind and solar energy in the grid.

Virtual power plants have emerged as one of the leading solutions to decarbonizing the grid and meeting explosive demand for electricity. While they offer many potential benefits, not everyone is sold on the technology being the best path forward.

Recently, State Grid Jiangsu Electric Power has developed the first municipal virtual power plant monitoring and management platform in Changzhou, East China's Jiangsu Province.

HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), announced the completion of DEWA’s pilot Virtual Power Plant (VPP) project, the first of its kind in the region.

Unlocking the Potential of Virtual Power Plants (VPPs) for Green Living and Sustainability.

By orchestrating EVs, batteries, and smart home devices, VPPs can help make the grid cleaner and more efficient.

The virtual power plant market size has grown exponentially in recent years. It will grow from $2.35 billion in 2023 to $2.86 billion in 2024 at a compound annual growth rate (CAGR) of 21.9%. The growth during the historic period can be largely attributed to the expansion of renewable energy sources, advancements in energy storage technology, government support and incentives, the initiation of pilot projects and demonstrations, as well as the increasing decentralization of energy systems.

How utilities and their customers are already benefitting from VPPs and insights for future implementation.

This review paper describes the significant economic, social, and environmental benefits of VPPs, as well as the technological advancements, challenges, and possible future research directions in VPP research.

This video explainer was published by Reuters on 12 January 2023. "Companies including GM, Ford and Google say they want to work together to scale up the use of virtual power plants, which are positioned for explosive growth in the United States and could help balance the supply and demand of energy."

How aggregating distributed energy resources can benefit communities, society, and the grid.

Assessment of Strategy and Execution for 16 Companies

As Australia surpasses three million rooftop solar installations, households looking to buy a battery storage system or electric vehicle can be part of a new kind of power plant bringing about faster, cheaper decarbonisation. In the future, so-called ‘virtual power plants’ that harvest distributed renewable electricity and demand response will play a major role, says a new report from the Institute for Energy Economics and Financial Analysis (IEEFA).

VPPs have been lauded as a major part of the future energy mix in the Australian National Electricity Market (NEM). When the Australian Energy Market Operator (AEMO) announced its VPP demonstrations project in 2019, AEMO predicted there could be 700MW of VPPs by 2022.

Deploying 80-160 GW of virtual power plants (VPPs) by 2030 could expand the US grid’s capacity to reliably support rapid electrification while redirecting grid spending from peaker plants to participants and reducing overall grid costs.

Traversing a prolonged period of development, the energy industry has reached the landmark of Virtual Power Plant (VPP) and still going onward to this newfangled energy network, also can be called the next generation VPP. This paper demonstrates the challenges and opportunities in executing the transpiring aspects of the next generation VPP.

Some of you may have heard of the term “Virtual Power Plant” in recent years within the solar system and battery industry. In this article, we’ll explain everything you need to know about VPPs and how it’s something you could benefit from in the future.

This video explainer was uploaded by the Energy Research Institute at NTU on 21st October 2020.