The Australian Energy Market Commissioner (AEMC) is proposing to enable virtual power plants (VPPs) to directly compete with large-scale generators in the energy market, which could aid solar PV’s role in decarbonising Australia.
The Energy Storage for Resilient Homes Act would allow residents of the two states to use funding from the Federal Emergency Management Agency (FEMA) to purchase residential BESS.
Virtual power plants (VPPs) in California, US, could provide over 7.5GW of capacity, around 15% of peak demand by 2035, according to a report from consultancy The Brattle Group for non-profit GridLab.
As distributed energy resources such as residential solar rooftop increase in the next decade, its use for virtual power plants could save US utilities up to US$35 billion, according to a study from consultancy The Brattle Group.