Virtual Power Plant (VPP)
VPP enables Utility to access more resources and flexible loads
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A Virtual Power Plant (VPP) is an aggregated portfolio of Distributed Energy Resources and Controllable Loads into energy blocks which can be used to participate in Energy Markets and offer Services to the System Operator.
Virtual Power Plants enable Utilities to access more resources by "monetizing" customer owned or third-party Distributed Energy Resources and Load Flexibility. The Utility could take advantage of these resources to defer uneconomic investments or relieve capacity constraints.