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.
Vehicle-to-grid (V2G) company Nuvve grew its MW under management by 10% in quarter two 2022 and is eying applications for school buses and the marine sector.
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.
Vehicle-to-grid solutions provider Nuvve, along with a host of other groups, has signed a memorandum of understanding with the US Department of Energy to accelerate the commercialisation of V2G and other vehicle-grid integration technologies.
Swell Energy, a US company specialising in virtual power plant (VPP) projects aggregating residential solar PV and battery storage, has launched a distributed energy resources management system (DERMS) software platform.