Guidehouse Insights, formerly known as Navigant Research, has released the whitepaper, “Opening the Door to New VPP Opportunities,” which outlines the importance and key ingredients of scaling up Virtual Power Plants (VPPs).
Guidehouse writes “while VPPs were considered an experiment a decade ago, the technology has emerged as a vital opportunity for leveraging DER assets to stack compelling use cases in key markets around the world. Leading software providers can now stand up commercially viable platforms that have become a necessity in regions of the world experiencing massive growth in DER, accelerating a dynamic vision for the future of infrastructure.”
“As the VPP market matures beyond pilot programs and R&D experiments,” the paper asserts “scalability is the crucial component for market success.” These 10 steps required to deliver a scalable VPP solution are outlined:
- Fully Automated Onboarding of Broadest Asset Types
- Remote Monitoring and Situational Awareness
- AI Techniques for Continuous Learning and Forecasts
- Optimized Dispatch and Controls for Precise Delivery
- Software Is the Core of Any VPP
- Modular Architectures for Plug-and-Play VPPs
- Cybersecurity Is Paramount
- Platform First Approach Offers Economies of Scale
- Scalability Is Paramount
- Business Models that Enable Aggregation
“The scaling up of VPPs is critical as growth in DER expands globally,” said Peter Asmus, a research director at Guidehouse Insights. “The ten steps outlined in this white paper reflect lessons learned by AutoGrid, but which are of deep value across the entire VPP ecosystem of solution providers.”
“Guidehouse has provided valuable information for accelerating the Energy Cloud transformation, and AutoGrid was glad to be able to participate in the creation of this paper,” said Rahul Kar, General Manager of New Energy for AutoGrid. “The information shared puts the industry as a whole in a better position to take advantage of the massive proliferation of distributed energy and VPPs happening across the globe.”
To learn more about the process of scaling up VPPs for new energy solutions and to access the full Guidehouse Insights paper, “Opening the Door to New VPP Opportunities,” visit: https://www.auto-grid.com/resources/#whitepapers.
AutoGrid builds enterprise software that enables a smarter distributed energy world. The company’s suite of flexibility management applications allows utilities, electricity retailers, renewable energy project developers and energy service providers to deliver clean, affordable and reliable energy by managing networked distributed energy resources (DERs) in real time, at scale through different value streams. AutoGrid has contracted more than 5,000 megawatts of DERs and works with more than 50 leading energy companies around the world, including Schneider Electric, CLP, Shell, CPS Energy, Eneres and Total.