56 min

U.S. Department of Energy’s Pathway to Commercial Liftoff for Virtual Power Plants & Federal Financing Support PLMA: Load Management Dialogues

    • Business

"With electricity demand growing for the first time in a decade and fossil assets retiring, deploying 80-160 GW of virtual power plants (VPPs)—tripling current scale—by 2030 could support rapid electrification while redirecting grid spending from peaker plants to participants and reducing overall grid costs.“Jen Downing from the Department of Energy’s Loan Programs Office will present key insights from the recently published VPP Liftoff Report. This will include the current state of VPPs in t...

"With electricity demand growing for the first time in a decade and fossil assets retiring, deploying 80-160 GW of virtual power plants (VPPs)—tripling current scale—by 2030 could support rapid electrification while redirecting grid spending from peaker plants to participants and reducing overall grid costs.“Jen Downing from the Department of Energy’s Loan Programs Office will present key insights from the recently published VPP Liftoff Report. This will include the current state of VPPs in t...

56 min

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