DER Task Force
#47 IT'S TIME TO DER
Jan 2, 2024
Duncan and James reflect on the past 5 years in the energy space and look ahead at 2024 and beyond. They discuss the current tech environment, building energy startups, and the difference between energy tech and climate tech. They also explore if the CA grid failures are a warning for other regions.
01:25:32
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Quick takeaways
- Virtual power plants can help balance the grid, cut emissions, and reduce costs by combining smart devices.
- The energy sector is entering a transformative phase as concepts become reality and real-world impact is realized.
Deep dives
Virtual power plants: the answer to increasing electricity demand
Virtual power plants are emerging as a solution to the challenges posed by rising electricity demand and intermittent renewable sources. By combining thousands of smart devices, such as solar panels, batteries, thermostats, and electric vehicles, virtual power plants can help balance the grid by providing backup power or reducing demand during peak times. This not only leads to a more reliable grid but also cuts emissions and reduces costs for both the customer and the utility. With various stakeholders involved, virtual power plants are poised to transform the energy landscape.
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