VPPs are transforming energy markets in the US
Amid the increasing frequency of extreme weather events across the United States, recent developments in virtual power plants (VPPs) are showcasing how grid operators, utilities and retailers have the capacity to leverage connected, distributed renewable energy resources to address critical energy challenges. Leading the charge, Texas and California have emerged as excellent examples of how VPP participation is transforming electricity markets.
Texas most recently experienced severe power outages due to Hurricane Beryl in July, which left almost three million individuals without power in the state. The restoration of power took many days to complete, leaving thousands of customers without power for extensive periods — for some, extending beyond a week.
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Source: Solar Power World
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