virtual power plant

If you’ve seen the musical “Cabaret,” you know that “money makes the world go ‘round” in a variety of ways. While it may not indeed make the power and energy sectors “go ‘round,” money does

Power plant operators continually search for ways to make electricity production and transmission more efficient. With more generation sources coming online, the use of artificial intelligence and machine

LOS ANGELES, California (Jan. 18, 2021) — Swell Energy, Inc. today announced that the Hawaii Public Utilities Commission (PUC) has approved its $25 million contract with Hawaiian Electric for the delivery of various grid services through an aggregated “virtual power plant” (VPP) on three islands. Swell Energy, a California-based energy and smart grid solutions provider, will deploy behind-the-meter […]

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. The project when fully developed would be the world’s largest residential virtual power plant (VPP). Sidewalk Infrastructure Partners (SIP), a group that builds, owns, operates, […]

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 exit from coal. Enel

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% EV market saturation. The research was conducted by Jackson Associates, an Orlando, Florida-based firm that does energy forecasting, data development, and energy-related analysis. The study […]

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

KYOTO, Japan (February 25, 2019) — Kyocera Corporation and New York-based LO3 Energy today announced a joint project to test the feasibility of a blockchain-managed virtual power plant (VPP) utilizing a peer-to-peer distributed consensus network. The test will start Feb. 28, 2019 at Kyocera’s Yokohama Nakayama Office in Kanagawa Prefecture, Japan, where a small VPP will […]

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 officials said they have selected a project to build a VPP on a “citizens-shared” blockchain. Technology Aggregates Resources, Standardizes Transactions A VPP is a cloud-based […]

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 bring to the region. The company