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virtual power plant


Companies Announce New Residential VPP for California

A distributed energy power plant, designed to help bring more reliability to California's power grid, is being developed by a company whose investors include Alphabet, the parent company of Google.…


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…