Enabling the Power of VPPs with GridOS DERMS

By 2030, Virtual Power Plants (VPPs) have the capability to reduce peak demand in the United States by an impressive 60 gigawatts (GW), with projections of exceeding 200 GW by 2050. By leveraging VPPs, utilities can avoid costly generation buildout, decrease wholesale energy costs, and defer transmission and distribution investments, utilizing the full spectrum of Distributed Energy Resources (DERs), such as distributed generation, storage, and electric vehicles (EVs). These advancements can help reduce annual power expenditure by $17 billion by 2030*.

At GE Vernova, we believe that the grid plays a pivotal role as the ultimate enabler of the energy transition, and the effective utilization of VPPs is a key driver of a utility’s success. However, today, many utilities’ VPP programs are currently limited to basic functionalities such as connecting, monitoring, and controlling DER-specific assets and services that are not grid aware. Without connecting VPP programs with grid management and incorporating grid-based optimization and outcome-based orchestration, these utilities fail to unlock the full potential and value their VPP programs can deliver.

Watch the recorded webinar where we showcase how grid DERMS can enable VPPs to maximize the value of utility’s VPP programs.