New research from RMI - Meeting Summer Peaks: The Need for #VirtualPowerPlants (VPPs). Due to unprecedented load growth, increasing extreme weather events, and changing power supply, regulators and utilities need easily deployable, diverse, and affordable solutions to support a more reliable and affordable grid. VPPs' flexibility, affordability, deployment speed, and ability to support grid resilience can optimize existing infrastructure to address near-term and long-term grid needs. Read the full report here: https://lnkd.in/gCuUV2Tb #distributedenergyresources #cleanenergy #climatetech
MISO has announced capacity concerns for this summer, yet FERC 2222 is not being implemented until 2030. We need VPPs today not six years down the road.
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2moThe latest research from RMI underscores the critical role of Virtual Power Plants (VPPs) in addressing today's complex energy challenges. With the surge in load growth, extreme weather events, and evolving power supply dynamics, the flexibility and rapid deployment of VPPs offer a vital solution for enhancing grid reliability and affordability. It's impressive how VPPs can optimize existing infrastructure, providing a diverse and cost-effective approach to meet both immediate and future grid demands. How do you think the adoption of VPPs will shape regulatory policies and utility practices moving forward?