How to Use Utility Data to Prepare for Emerging VPP Opportunities
Virtual power plants (VPPs) represent the next great frontier of flexible demand management. They have the potential to save billions in the form of offset or deferred spending, as well as create new revenue streams by bringing a new resource to wholesale power markets.
This white paper, presented in partnership with NextEra Analytics, explores the following:
- What constitutes a VPP
- Key steps to form a VPP
- How to manage and analyze data to effectively operate and optimize a VPP
- How one VPP pilot is proving the concept in Texas
