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US DOE shows that virtual power plants are very real
Today, the US DOE (Department of Energy) released the second installment in its Pathway to Commercial Liftoff series on virtual power plants (VPP). Wood Mackenzie is proud to have been a key data provider for the report, contributing state-level forecasts of DER capacity as well as the scale and location of VPP deployments to date. The VPP Liftoff Report comes at a pivotal moment for the US power sector, as utilities reel from load growth that has no precedent in the modern era and anchor on natural gas as the only near-term solution. This perspective misses the obvious: That capacity exists all around them, in the ... (full story)