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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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Transformation in the US distributed energy resource market
Opportunities, risks and the changing growth profile of distributed energy resources in the US.
Virtual power plants roll out across the U.S.
Virtual power plants (VPPs) coordinate distributed resources and demand for a more resilient, cost-effective energy transition. And they are gaining traction in the United States.
'Virtual power plants' smashing electricity bills | A Current Affair
How 'virtual power plants' are smashing electricity bills in Australia.
Virtual Power Plants (VPPs) Could Save US Utilities $15-$35 Billion in Capacity Investment Over 10 Years
A new study prepared for Google by energy analysts from The Brattle Group explores the cost and ability to serve critical resource adequacy needs from an emerging resource: virtual power plants (VPPs). These distributed energy resource (DER) portfolios – which can include technologies such as rooftop solar, smart thermostats, smart water heaters, electric vehicles, and distributed batteries – are actively controlled by utilities and energy service providers to benefit consumers, the power system, and the environment.
Review Paper: VPP with RES and ES Systems for Sustainable Power Grid-Formation, Control Techniques and Demand Response
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.
What are ‘Virtual’ Power Plants
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."
Why some of the biggest names in tech and auto are teaming up on virtual power plants
Virtual power plants are already helping prevent power outages, but they lack a structured environment. A new coalition aims to change that.
Virtual Power Plants, Real Benefits
How aggregating distributed energy resources can benefit communities, society, and the grid.
Guidehouse Insights Leaderboard: Virtual Power Plant Platform Vendors
Assessment of Strategy and Execution for 16 Companies
IEEFA: Virtual power plants are the future of electricity retailing
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).
Eraring battery to be built in two stages, as Origin targets 2GW virtual power plant
Origin Energy says it will build the massive Eraring battery over two stages, and is also aiming to grow its in-house “virtual power plant” to 2GW or more to provide a “very low cost” replacement for the country’s biggest coal generator.
What Is the State of Virtual Power Plants in Australia?
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.
Electric-vehicle virtual power plant scales up in UK with funding
The UK’s first electrically-chargeable vehicle (EV) virtual power plant (VPP), run by ev.energy, has been awarded an additional £295,000 (€352,000) in funding, taking its total finance pot to £754,000. Provided by Innovate UK, the money will be used to scale the VPP, which will help stabilise the country’s power grid as electromobility accelerates.
The Pathway to VPPs: Commercial Liftoff
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.
Towards next generation virtual power plant: Technology review and frameworks
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.
Virtual Power Plant (VPP): What are they and their benefits?
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.
Virtual power plant coming to Maui and other islands
Energy Conference covers new green energy program with HECO.
Transitioning To A Smarter Grid: Virtual Power Plants
This article is one in a series investigating the importance of modernizing and decarbonizing the electric grid.
The digital power plant of the future
The power industry must overcome significant challenges in its journey to digitize, but successful transformations could result in the next S-curve of performance.
Why Virtual Power Plants Can Be Powerful for Latin America
Driven by Forward Thinking Distributors and Property Developers, Virtual Power Plants are Growing Globally. Are Costa Rica and Honduras Missing Out?