CleanTechnica•13 days ago
Now Anyone Can Join A VPP, With or Without Rooftop Solar
Key Takeaway
A new US startup is democratizing VPP participation by allowing residential energy storage owners to join, regardless of solar ownership, potentially expanding VPP scale and market impact for developers and large loads.
AI Summary
- •US startup SOLRITE is launching a new offering that allows residential ratepayers to participate in Virtual Power Plants (VPPs) using energy storage.
- •A key innovation is that participation is open to households whether or not they have rooftop solar panels, significantly broadening the potential pool of VPP assets.
- •This initiative aims to create 'money-saving VPPs,' indicating potential new revenue streams or cost reductions for residential participants, which could influence local energy market dynamics and demand response programs.
Topics
capacity-marketpolicysolarstorage
Article Content
The US startup SOLRITE is opening up a new energy storage opportunity for residential ratepayers to participate in money-saving VPPs, whether or not they have rooftop solar panels. The post Now Anyone Can Join A VPP, With or Without Rooftop Solar appeared first on CleanTechnica .