VPP Participation Models: What is the Objective?

Research output: NRELPresentation

Abstract

Virtual power plants (VPPs) can provide grid services by aggregating and controlling many distributed energy resources. However, their design, operation, level of participation, and outcomes depend on the regulatory and market environments they operate in, DER owner preferences, grid service value, and technical capabilities (e.g., communications, forecasting, controls, user interfaces). Although VPPs are inherently complex, they could enable high shares of behind-the-meter solar plus storage and reduce the cost of electrifying, e.g., personal vehicles and space heating.
Original languageAmerican English
Number of pages24
StatePublished - 2024

Publication series

NamePresented at the Energy Systems Integration Group (ESIG) 2024 Spring Technical Workshop, 25-28 March 2024, Tucson, Arizona

NREL Publication Number

  • NREL/PR-6A40-89273

Keywords

  • demand response
  • distributed energy resource
  • participation mechanism
  • virtual power plant

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