Virtual power plant

A virtual power plant (VPP) is a system that integrates multiple, possibly heterogeneous, power resources to provide grid power. A VPP typically sells its output to an electric utility. VPPs allow energy resources that are individually too small to be of interest to a utility to aggregate and market their power. As of 2024, VPPs operated in the United States, Europe, Asia and Australia. One study reported that VPPs during peak demand periods are up to 60% more cost effective than peaker plants.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.