Microsoft, Sunrock, Zurich, and AlphaStruxure are among 20 participants joining Schneider Electric to deploy community-based energy systems across the US, supporting public and private sector organisations with “innovative solutions” and financing.
System integrator Wärtsilä has launched its newest energy management system (EMS) platform, while power solutions manufacturer Generac has acquired a company that makes them.
As distributed energy resources such as residential solar rooftop increase in the next decade, aggregation into virtual power plants could save US utilities up to US$35 billion, according to The Brattle Group.
Finland telecommunications firm Elisa has received €3.9 million from the government to form a VPP using batteries which could be the largest of its kind in Europe.
Some 2,000 residential battery systems in Belgium have been aggregated into a virtual power plant (VPP) and are providing balancing services to transmission system operator Elia.
Annual deployments of distributed energy storage connected to virtual power plants (VPP) is expected to reach 3GW by 2030, according to research firm Guidehouse Insights.