At SET, we see Virtual Power Plants (VPPs) as an integral part of how distributed energy systems work. A decarbonised energy system is a connected energy system, and VPPs are the digital backbone that makes this possible. By aggregating and controlling distributed assets across homes, buildings, industry and mobility, VPPs unlock system-wide flexibility, reduce grid stress and enable clean electrification. They are essential to orchestrating the decentralised energy system we invest in.
With our latest report, “The state of virtual power plants”, we focus on why the ongoing shift to a decentralised energy system needs VPPs, the typical value chain of a VPP and why this sector may be entering a new phase of development.
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