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virtual power plant


POWER Digest [October 2020]

Enel Ready to Close Italian Coal Plants. Enel, Italy’s largest power generator, said it wants to close three coal-fired units in the coming months as part of the company’s complete…


EV-Based Virtual Power Plants Shift Peak Load and Save Money

A recent study found that electric vehicle (EV) batteries used as a utility virtual power plant (VPP) could shift the entire residential peak load to nighttime hours with only 10%…


Blockchain Pilot Shows Promise for Grid Balancing

A blockchain pilot wrapped up by European transmission operator TenneT and storage solutions provider sonnen Group this May showed “tremendous potential” when used to network decentralized home storage batteries and…


Blockchain-Enabled VPP Planned for South Korea

The South Korean government has pledged 4 billion Korean won (about $3.5 million) to support a blockchain-enabled virtual power plant (VPP) in Busan, the country’s second-most-populous city after Seoul. Busan…


Tesla Virtual Power Plant Takes Shape in Australia

Tesla in July released more details of its virtual power plant (VPP) project in South Australia (SA), outlining the initiative as well as its resources and the benefits it will…