The great Electric Grid Transformation (EGT) is happening, the transformation from Utility Centric to Distributed and Virtual Power Plants are a key driver for the simple reason that it makes a lot of economic sense, sell your excess solar energy and amortize your investment in your home’s energy security.
X-post at Destiny Solutions Corporation:
Almost every company in the rooftop-solar and battery space has at least a few
virtual power plant projects underway. VPPs control tens, hundreds or thousands of individual home solar and battery systems to turn their collective energy flexibility into megawatt-scale resources for utilities and the grid today — and potentially gigawatt-scale resources in the years to come.
VPP developer Swell Energy is becoming a major player in key U.S. markets like California and Hawaii, by connecting cust…
Swell Energy is private
When will VPPs become investable?
Reuters reports Ford, GM, and Google are cooperating on the technology. Software would allow short term peak power demand to be supplied by reversing charging batteries as in EVs.