Commonwealth of Virginia: Record PJM Auction Results & What They Mean for Energy Users
Webinar: Record PJM Auction Results & What They Mean for Energy Users in Virginia
The use of demand-side aggregations to drive a more reliable, affordable, and sustainable electricity grid is rapidly growing. According to the U.S. Department of Energy, if deployed at scale by 2030, virtual power plants (VPPs) are estimated to be able to serve 10-20% of peak demand, avoiding roughly $10B in annual grid costs. Beyond traditional capacity programs and demand charge mitigation, demand response is now being leveraged to provide critical ancillary services and meet aggressive carbon reduction targets. Watch the recording to hear Voltus’s Kelly Yazdani, Vice President of Marketing, and Jon Wellinghoff, former FERC Chairman, discuss new ways industrial energy users can benefit from these emerging use cases.