Virtual Power, Real Reliability: The Economics of Virtual Power Plants

Date: May 2023

Using hourly reliability analysis, this study demonstrates that a VPP could provide 400 MW of resource adequacy to a mid-sized utility with a dual peaking net load shape. Further, it shows that under plausible market conditions, a VPP is the only resource capable of providing resource adequacy at a negative net cost to the utility.

Speaker:
Ryan Hledik,The Brattle Group

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