Virtual power plants one key to controlling enterprise energy costs

AWS describes VPPs as: “A connected aggregation of clean distributed energy resources (DER) — solar, storage, grid-interactive efficient building equipment, EV charging, controls and more — remotely and automatically controlled to deliver affordable power, reliability, decarbonization and grid services. VPPs are utility-scale (large) and utility-grade (reliable, controllable) and thus a de facto power plant that is connected virtually from multiple locations.”

Fortune Business Insights projects the global VPP market to grow to $6.47 billion by 2028, up from its 2021 level of $.88 billion.

Jigar Shah, US Department of Energy