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Pathways to Commercial Liftoff: Virtual Power Plants

Pathways to Commercial Liftoff: Virtual Power Plants

Full Title: Pathways to Commercial Liftoff: Virtual Power Plants
Author(s): Jennifer Downing, Nicholas Johnson, Mailinh McNicholas, David Nemtzow, Rima Oueid, Joseph Paladino, and Elizabeth Bellis Wolfe
Publisher(s): U.S. Department of Energy
Publication Date: September 16, 2023
Full Text: Download Resource
Description (excerpt):

Liftoff reports describe the market opportunity, current challenges, and potential solutions for the commercialization of interdependent clean energy technologies. Liftoff reports are an ongoing, DOE-led effort to engage directly with energy communities and the private sector across the entire clean-energy landscape. Their goal is to catalyze rapid and coordinated action across the full technology value chain.

This report is meant for a diverse audience of stakeholders who can help accelerate liftoff for virtual power plants (VPPs). For the audience unfamiliar with VPPs, this report aims to build foundational understanding of their value proposition and the associated business models and technology in use today. Among more experienced audiences, the report aims to catalyze and organize a dialogue between DOE, state and national regulators, policymakers, utilities, ISOs/RTOs, corporations, research organizations, advocacy groups, and more around challenges and potential solutions for liftoff. Building on this report, future efforts can include near-term, no-regrets actions as well as the development of more detailed, longer-term roadmaps for the rapid, safe, equitable, and cost-effective deployment of VPPs.

All statements and/or propositions in discussion prompts are meant exclusively to stimulate discussion and do not represent the views of, its Partners, Topic Directors or Experts, nor of any individual or organization. Comments by and opinions of Expert participants are their own.

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