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virtual power plants

Solar canopies as a central pillar of IRA-driven energy transition

With so much of the space in United States cities allocated for parking, the dual pronged approach of the Inflation Reduction Act (IRA) – production tax credits to drive investment in domestic manufacturing and investment tax credits to attract consumer-side investment – means solar canopies can make a huge contribution to the net zero drive.

German companies unite to bring virtual power plants to mid-sized businesses

Germany’s Electrofleet has invested in its virtual power plant technology partner Dieenergiekoppler. The two collaborate to enable mid-sized businesses to use self-produced renewable energy based on fixed price contracts. Dieenergiekoppler’s latest financing round solidified the collaboration.

Europe’s power price rollercoaster

Almost every weekend since Easter, European generators have been paid to power down plants but some Northern European nations are experiencing record electricity prices. An energy system set up for fossil fuels is in urgent need of reform, according to Gerard Reid, co-founder and partner of Alexa Capital.

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What can Western utilities learn from emerging-market peers?

While electric companies in the Global North wrestle with how to keep the lights on as ever bigger solar and wind park capacities come online, developing-world utilities are experimenting with new ways of working and transforming the relationship between themselves and millions of new customers.

Utilities, can you DG it?

Small-scale PV systems drove the installation of more than 200 GW of solar capacity last year and could support more than 300 GW this year. That means a reset for utilities.

Virtual power plants roll out across the U.S.

Virtual power plants (VPPs) coordinate distributed resources and demand for a more resilient, cost-effective energy transition. And they are gaining traction in the United States.

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Sonnen connects heat pumps to virtual power plant in Germany

Sonnen has introduced a new software solution to seamlessly integrate heat pumps into private household energy supplies and enhance grid stability. The company’s initial partner is heat pump manufacturer NIBE, but additional partners are expected to join in the future.

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Enphase batteries to be used in US virtual power plants

Microinverter provider Enphase has signed a deal with Swell Energy to participate in distributed virtual power plants in California, New York and Hawaii.

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Tesla Powerwalls in California join the movement to create virtual power plants

Made up of distributed residential energy storage, these “plants” stabilize the grid and often end the need for new fossil generation. Tesla customers in California are the latest to join the movement.

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UK government asks how future renewables incentives should work

The success of unsubsidized clean power facilities in the country – whether driven by corporate power purchase agreements or selling direct to the wholesale electricity market – has prompted the Department for Business, Energy and Industrial Strategy to ponder whether contracts-for-difference payments will be fit for purpose in the years ahead.

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