Day 1 Session 3 - Virtual Power Plants - Opportunities, Regulations, and Tools to Drive Long-Term Growth

Virtual Power Plants (VPPs) harness distributed energy resources to benefit the power grid and consumers, offering capacity, resilience, and cost savings. Despite strong growth potential driven by decreasing DER costs and favorable policies, VPP adoption faces hurdles in customer experience and industry standardization.

Here are three main topics covered:

• VPPs aggregate DERs for grid reliability and affordability.
• Standardization and customer adoption are key challenges for VPP growth.
• Utilities should focus on incentives and vendor partnerships for successful VPP programs.