What tension defines the participation of an Asset Owner in a VPP?
Answer
Maximizing revenue versus maintaining local service quality.
A defining feature of asset owner participation is the tension between maximizing revenue generated for the grid and maintaining local service quality, such as ensuring comfort for a homeowner or protecting critical IT loads for a retailer.
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?