Redefining Energy 155. VPP & DER - Oct24
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Oct 21, 2024 Dana Guernsey, CEO of Voltus, leads a pioneering DER technology platform that connects distributed energy resources to electricity markets. She dives into the role of virtual power plants in managing grid stress as demand rises. Discover how Voltus helps clients like Walmart cut power bills by up to 20% while maintaining essential services. Guernsey discusses innovations in energy technology, the significance of AI in heating and cooling management, and even makes a fun analogy involving lasagna! Tune in for insights into our energy future.
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What is a Virtual Power Plant (VPP)
- Virtual Power Plants (VPP) aggregate distributed energy resources (DERs) to serve as a power plant substitute.
- They reduce load or shift consumption to support the grid without being physical plants.
VPPs Operate Across Market Timescales
- VPPs participate in multiple markets: from years ahead capacity planning to real-time frequency response.
- This enables the grid to plan, operate daily, and respond instantly to power needs.
Lasagna Metaphor for Asset Aggregation
- Dana uses a 'lasagna' metaphor describing how various assets with different capabilities combine to form a better whole.
- At Walmart stores, subtle HVAC tweaks can reduce grid load without affecting customer comfort.