Today, virtual power plants can do far more than cover demand surges. Utilities are tapping VPPs for reliable capacity they can deploy quickly and operate alongside — or in place of — traditional resources at a critical moment for the grid and for customers’ wallets.
In this Frontier Forum, two utility leaders, Tilak Subrahmanian of Eversource Energy and Steve Caldwell of National Grid, join EnergyHub’s Erika Diamond to share what it takes to build VPP programs that solve the overlapping challenges confronting the grid.
Together with Latitude Media’s Stephen Lacey, the panelists will unpack the growing list of benefits VPPs are proving today: helping defer distribution grid investments, storing renewable energy returning it back to the grid when supply is tight, maintaining power quality, and lowering costs for consumers. The conversation will look at how leading programs are unlocking new value from VPPs as the panelists share real-world case studies of how to move programs from pilots to reliable, versatile assets that outperform conventional generation.
As utilities put VPPs to the test in expanded roles, the question now is how to advance valuation and regulatory frameworks to keep pace with adoption. What needs to change in the industry to unlock both greater scale and an expanded value stack for VPPs?
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