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Future of Virtual Power Plants and Battery Usage in the Energy Industry
The chapter discusses the evolution and future prospects of virtual power plants in the energy industry, emphasizing the importance of well-informed rate designs globally. It also covers the role of batteries in boosting transmission capacity and their dual usage as transmission and market assets, delving into the complexities of Texas energy policies regarding ownership and monetization. The conversation explores the challenges and solutions in maximizing the value of Distributed Energy Resources (DERs) and the anticipated development of Transmission and Distribution (T&D) value in the energy storage sector.