Virtual power plant (VPP) initiatives are expanding across U.S. states as customer-owned generation and storage are increasingly viewed as dispatchable grid assets to manage peak demand, support reliability, and meet rising electricity demand.
The Minnesota Public Utilities Commission on April 3 approved Xcel Energy’s phase 2 of its Capacity Connect initiative, advancing a plan to build a distributed network of battery storage systems designed to support grid reliability and clean energy integration. The program establishes a utility-owned virtual power plant, or VPP, by linking multiple smaller battery units…...
Efforts to accelerate grid-scale battery storage are expanding as the technology is increasingly deployed as an effective tool for…Read the full report …...
Efforts to accelerate grid-scale battery storage are expanding as the technology is increasingly deployed as an effective tool for peak demand management, lowering system costs and improving resilience.
The U.S. Energy Department on March 13 announced up to $500 million in funding to expand domestic processing of critical minerals and strengthen the nation’s battery materials supply chain. The funding opportunity through the department’s Office of Critical Minerals and Energy Innovation would support demonstration and commercial-scale facilities that process, recycle, or manufacture battery materials…...
