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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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In-depth: How a smart flexible grid could save the UK £40bn
A smart, flexible electricity grid could help the UK cut carbon more cheaply, saving up to £40bn between now and 2050.