Recorded on September 16, 2024
Virtual power plants (VPPs) — collections of customer-sited energy resources aggregated together and coordinated with grid operations — can provide the same or even superior reliability and value to the grid as traditional power plants. As utilities face rising peak load, energy affordability concerns, and increasingly complex reliability needs, VPPs offer a solution by leveraging customer-facing distributed energy resources (DERs) – including smart thermostats, battery storage, EV charging, smart water heaters, and others – to address key grid challenges.