Energy Storage News•3 days ago
New Orleans approves US$30 million virtual power plant programme to support grid resilience
Key Takeaway
The approval of New Orleans' first VPP program signals a new market for DER development and participation opportunities for large power consumers in grid resilience.
AI Summary
- •New Orleans City Council unanimously approved a US$28 million virtual power plant (VPP) program.
- •This initiative marks the city's first distributed energy resource (DER) program, establishing a new regulatory and market framework.
- •The program creates a significant new market opportunity for DER developers and VPP operators in New Orleans.
- •Large power consumers can explore participation to enhance grid resilience, potentially earn revenue, and optimize their energy usage.
Topics
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Article Content
The New Orleans, Louisiana, US City Council voted unanimously to approve a US$28 million virtual power plant (VPP) programme, reportedly, the first distributed energy resource (DER) programme in the city.