What primary function does a Virtual Power Plant (VPP) perform?
Answer
Aggregates decentralized energy resources to operate like a single power plant.
A VPP is a cloud-based system that aggregates and manages the capacity of many decentralized energy resources (DERs) so they can operate collectively like a single, dispatchable power plant.
Related Questions
What primary function does a Virtual Power Plant (VPP) perform?What is the Aggregator's primary responsibility in the VPP ecosystem?Which entities does the VPP aggregator serve as the singular point of contact with regarding grid commitments?What types of entities constitute the physical foundation, or Asset Owners, of a VPP?How are Asset Owners typically compensated for allowing VPP control over their hardware?What tension defines the participation of an Asset Owner in a VPP?What critical function is primarily managed by the Technology Provider role?What is the main function of the Grid Entity (like ISOs/RTOs or DSOs) in relation to VPPs?In the simplified transaction flow, what step immediately follows the aggregator calculating the optimal dispatch strategy?What is the evolving role of the aggregator in specialized markets with distinct technology providers?