Powering the edge: Virtual power plants, the grid’s decentralized powerhouse
3 July 2024
As the energy transition accelerates, the plants powering our future are taking on a new form. By 2030, Baringa projects thats virtual power plants (VPPs), an aggregated system of distributed energy resources, will grow to become a $70 billion-dollar market in the United States alone.
But what exactly are VPPs? How do they contribute to a more affordable, cleaner, and more efficient energy supply? How can VPPs serve as an accelerant to the energy transition in the face of unprecedented demand growth?
Baringa collaborated with Kevala on in depth research on to answer these questions and more. Download our report to:
- Explore the services and value propositions that VPPs bring beyond a traditional power plant.
- Understand what’s driving growth in this segment, and potential barriers to overcome.
- Discover how utilities can fully unlock the potential of VPPs and effectively integrate them into the grid.
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