EV-Based Virtual Power Plants Shift Peak Load and Save Money

Credit to Author: Aaron Larson| Date: Thu, 17 Oct 2019 15:45:10 +0000

The post EV-Based Virtual Power Plants Shift Peak Load and Save Money appeared first on POWER Magazine.

A recent study found that electric vehicle (EV) batteries used as a utility virtual power plant (VPP) could shift the entire residential peak load to nighttime hours with only 10% EV market saturation. The research was conducted by Jackson Associates, an Orlando, Florida-based firm that does energy forecasting, data development, and energy-related analysis. The study […]

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Blockchain-Enabled VPP Planned for South Korea

Credit to Author: Darrell Proctor| Date: Tue, 11 Dec 2018 19:03:45 +0000

The South Korean government has pledged 4 billion Korean won (about $3.5 million) to support a blockchain-enabled virtual power plant (VPP) in Busan, the country’s second-most-populous city after Seoul. Busan officials said they have selected a project to build a VPP on a “citizens-shared” blockchain. Technology Aggregates Resources, Standardizes Transactions A VPP is a cloud-based […]

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