Full Title: Unlocking New Value Streams with Multi-Asset Virtual Power Plants
Author(s): AutoGrid
Publisher(s): AutoGrid
Publication Date: January 23, 2023
Full Text: Download Resource
Description (excerpt):
For decades utilities have used demand response (DR) and distributed energy resources (DERs) to reduce peak demand, reduce coincident peaks, manage circuit-specific issues, and support the grid during emergencies. In this new energy economy, virtual power plants (VPPs) enable energy companies to integrate multi-asset DERs into wholesale markets. This strategic shift from offense to defense opens opportunities for additional value streams, greater flexibility, better reserve margins, and reduced emissions. This whitepaper details how VPP platforms seamlessly orchestrate disparate DERs into single dispatchable resources.