
[Episode #197] – Virtual Power Plants (VPPs)
The Energy Transition Show with Chris Nelder
00:00
How the Loan Programs Office Is Bringing More VPP Participation Onto the Grid
I think this focus on the customer side of it that you're bringing is helping me to see things from a different angle. The loan programs office sits here to help people commercialize their technologies. We've added an extra $100 billion of loan authority to our existing programs and then added a new one, the energy infrastructure reinvestment program. So instead of these folks being forced to pay 30% interest for basic appliances when they break and also subprime auto loans, we have the ability to help them get affordable loans in VPPs.
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