The smart thermostat demand response program will help manage loads in the PJM Interconnection and NYISO regions during grid emergencies, company representatives said.
Distributed energy resources, including rooftop solar, battery storage and electric vehicles, are experiencing significant growth in the U.S. as the power sector evolves to a cleaner, less centralized future.
While AEP has been moving to sell its unregulated assets, it has decided to retain its AEP Energy competitive power and gas subsidiary, finding it may be able to serve load growth in deregulated states.
The laws could help Maryland meet its goals to generate 14.5% of electricity from solar by 2028, achieve a 60% greenhouse gas emissions reduction by 2030 and install 3 GW of energy storage by 2033.
BMW joins General Motors, Ford and Volkswagen in the development of vehicle-to-home charging technology to help homeowners reduce energy costs and reduce CO2 emissions from power generation.
Persistent confusion around VPPs may impede successful policymaking, challenging regulatory commissions, stalling deployments and delaying important benefits to our electricity system.
Though obstacles are impeding virtual power plants in the short term, the technology will be a plus for utilities and for reliability in the long run, the credit rating company predicts.
The system allows energy to be stored during off-peak hours, when electricity rates are lower, and used during peak demand periods, a company executive says.
New market rules by the New York Indepdent System Operator require participating distributed energy resources to be at least 10 kW, which critics say will significantly limit DER participation, at least initially.
Rising electricity demand will require a portfolio of resources, including energy storage, hydropower, nuclear, grid-enhancing technologies and demand-side management, DOE said.
Advanced operational software, communications standards and customer compensation are needed to scale VPP size and services, cut system and customer costs and enhance reliability, key VPP players agree.
The report called for the state to facilitate virtual power plant growth in California, noting that “more can be achieved” to scale VPP adoption by 2035.
This is the first funding round for the Energy Future Grants initiative, which launched last year to help communities plan for transportation and building electrification, microgrids and solar projects.
VPP policy should promote widespread distributed energy resource adoption while enabling retail and wholesale market participation and preserving customer choice, webinar participants said.
“Pairing battery storage with renewable generation will help Maryland achieve its clean energy goals, reduce our dependence on fossil fuels and mitigate the negative impacts of climate change,” Del. David Fraser-Hidalgo said.
The residential solar company’s announcement covers solar-and-storage customers in California, Connecticut, Massachusetts, New York, Puerto Rico, Rhode Island and Texas.
The company says it is streamlining programs for rooftop solar users to help the state meet its clean energy goals, but some customers could see smaller financial benefits.
The generator's modularity and potential capacity represent a “sweet spot” for industries with growing interest in microgrids, including logistics and data centers, said a senior vice president for microgrids at Schneider Electric.
Texas has met its 2.6% annual demand growth with wind and solar, highlighting how clean energy can handle rising electric use, per the Institute for Energy Economics and Financial Analysis.
New load flexibility from price-based demand response programs could be invaluable if reliability and cost-effectiveness is confirmed in real-world operating conditions, stakeholders agree.
The legislation would require 100 MW of solar photovoltaic systems to be installed on the roofs of city-owned buildings by the end of 2025, with a broader goal of 150 MW by 2030.
Empower customers to be active participants in the clean energy transition with proven principles for crafting a successful Time-Varying Rates (TVR) customer experience.
By Alex Lopez, Senior Product Marketing Manager of Uplight and Brad Langley, VP of Marketing of GridX •March 11, 2024
VPPs offer utilities a powerful tool to grapple with the parallel challenges of enabling electrification and equitable decarbonization while maintaining grid reliability and resilience.
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