Renew Home’s Post

Last week Smart Talks with Jovan program, sponsored by VF Holding, featured a webinar of the fifth season. Experts in the field, Istvan Papp, Boris Turha, and Tomaž Dostal, along with the program's moderator, Jovan Vujasinovic, shared their extensive knowledge and offered unique perspectives on the topic of Smart Energy Management in Households. Throughout the webinar, they covered a range of essential questions, including the opportunities available to distribution companies, the autonomy of HEMS, strategies for achieving standardization and flexibility, and much more. The important question we now face is - Should EU bring new initiatives in which it would push the implementation of HEMS? To hear the entire discussion, you can watch the webinar on YouTube through the link below and share your thoughts in the comments. https://lnkd.in/d48kcsGQ

2023 was the hottest year on record for much of the US, and virtual power plants (VPPs) played an essential role keeping the grid reliable. Can VPPs go further and help reduce the carbon intensity of the electric power supply? Here’s our take on how to measure their impact: https://hubs.ly/Q02fbrzD0

The grid is sleeping on 70 GW of peak load shift potential. Read our new paper, “Smart Thermostats and the Future of VPPs” to see why (link in first comment). TLDR? Most conversations about virtual power plants center on emerging technologies like battery storage or EVs. There’s also a large-scale, ready-to-activate resource right in front of us: 82M+ U.S. homes that could be paired with a smart thermostat to make them grid responsive. Together they could create a virtual power plant with capacity equal to the peak summer electric utility demand in the state of Florida. And that’s just thermostats!

It is important to get this capacity into the market quickly to provide more tools to help manage the grid at a 90% lower cost to consumers than the preferred expensive approach.

See how Renew Home is quickly building a massive, sustainable power plant, through smart thermostats and beyond. The future of virtual power plants is here 😎 check out our position paper, available for download!

Smart thermostats can significantly contribute to creating virtual power plants (VPPs) by making homes grid-responsive. With over 82 million U.S. homes potentially equipped with smart thermostats, they can collectively form a VPP with a capacity equal to the peak summer electric utility demand in Florida. This approach offers a cost-effective solution to manage the grid and reduce consumer costs by 90% compared to traditional methods.

As electrification increases, VPPs can provide a flexible solution for rising demand. Learn more about the opportunities and challenges of VPP deployment from Avery McEvoy, EIT of RMI on this new episode of Grid Decentral: Conversations on New Energy. Watch the episode: https://lnkd.in/gWVGw62h #VPP #virtualpowerplants #DER Peter Asmus

"PG&E's motto is everyone and everything is always safe. Without our workers, none of the trucks, laptops, or buildings matter. We have to keep you safe to move forward with anything we do." - Bobby Hookfin Hear more about how Pacific Gas and Electric Company prioritizes safety in our latest episode. Have you subscribed to listen on your favorite platform? 👉https://hubs.la/Q02DHnpg0 Coffee with Jim & James is powered by Energy Worldnet

🌱 #Customers adapting their energy usage plays a key role in enabling #flexibility. However, lower-income households often miss out on the benefits. 🏡 An interesting study on strategies to make demand-side flexibility #inclusive, ensuring everyone can access clean energy benefits without financial strain. 💡 Something we'll take away in our work with DESNZ on the Flexibility Markets Unlocked programme. Let's bridge the gap and create a more #equitable #energytransition! 🌍 #CleanEnergy #DemandFlexibility #InclusiveTransition

Fascinating stuff from Jan Rosenow and colleagues - in one sense it’s exciting to be living through the most profound energy transition in 200 years However, we’ve left it so late that we really are in a disquieting race- a race between the risk of climate and ecosystems collapse and the enormous benefits a green economy might bring …. That said, I draw huge encouragement from the innovation now being unleashed. #climatechange #climatecrisis #energytransition #demandflexibility