Smart Cities

New York Initiative Forges Virtual Power Plant Partnership

This summer, Con Edison and SunPower Corp. will partner on a $15 million pilot program to offer solar power systems with battery storage to more than 300 New York homeowners. The aggregation of hundreds of homes with solar power and battery storage will provide the utility with a cost-effective and innovative virtual power plant, providing participating homeowners with a backup system in case of an outage while also supplementing the traditional energy delivery model to improve grid resiliency, reliability and sustainability. “Distributed Energy can be more practically integrated into a Smart Grid if it is aggregated through Virtual Power Plants (VPPs). VPPs generate additional value from the flexibility they can offer the grid. They can match load fluctuations through forecasting, advance metering and computerised control, and can perform real-time optimisation of energy resources”, explains our most recent report: The Market for Building Performance Software 2016 to 2020. With the integration of over 1.8 megawatts of […]

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Smart Buildings

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