Our CEO Michael Smith sat down with John Engel of Renewable Energy World’s Factor This! Podcast to discuss all things #VirtualPowerPlants, including their evolution from old school #demandresponse, importance in ensuring power reliability in times of grid stress, cost-savings projections and untapped market segments. 👇 Listen in for why now is the inflection point to create even more VPPs at “breakneck speed.” #VPP #energytransition #DER #distributedenergyresources
Episode 79 of the Factor This! podcast features Michael Smith, CEO of the leading C&I virtual power plant provider CPower, who breaks down the technology behind VPPs, where the industry stands today, and the critical markets no one is looking at. Tap to listen 🎙️ https://ow.ly/7fkA50Srl3v
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2wGreat discussion, Michael Smith! The evolution of Virtual Power Plants (VPPs) from traditional demand response highlights their crucial role in enhancing power reliability, especially during grid stress. It's exciting to see how VPPs can drive cost savings and tap into new market segments, making them an essential part of our energy future. With the current momentum, what do you see as the key challenges and opportunities in rapidly scaling up VPPs? How can stakeholders best collaborate to overcome these challenges and maximize the benefits of VPPs?