💰💰💰 $70B DOLLARS! 💰💰💰 That's our estimate of the addressable market for VPP's (Virtual Power Plants) by 2030. What is a Virtual Power Plant, you may ask? A Virtual Power Plant is a network of decentralized, grid-connected energy resources (both supply & demand), coordinated using advanced software to provide reliability, resiliency, system capacity, decarbonization, and a myriad of other benefits. The confluence of the digital & AI revolution with the proliferation of behind-the-meter energy assets like rooftop solar, home batteries, smart thermostats, and EV chargers enable utilities, regulators, and power companies to re-think how we operate and manage the grid from a linear, thermal-based power flow to a smart, networked, on-demand system that reduces infrastructure spend and democratizes energy. Download our latest whitepaper to learn more - incredibly honored to contribute to this project led by my colleague Michael Levy and Kevala, and supported by Paul Sayour and Margot Everett!
As the energy transition accelerates, virtual power plants (VPPs) are set to become a $70 billion market in the US by 2030. But what are VPPs and how do they contribute to a cleaner, more efficient energy supply? Baringa and Kevala collaborated on in-depth research to answer these questions and more. Download our report to explore the services and value propositions that VPPs bring, understand the driving forces behind their growth, and discover how utilities can effectively integrate them into the grid. https://ow.ly/T7H450SuAA9 Michael Levy Martin Szczepanik Margot Everett #DigitalEnergyTransition #VirtualPowerPlants #PoweringTheEdge
