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#Virtual Power Plant: saves $1/2 Million in 1 week


 
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#1 eds

eds

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Posted 27 July 2018 - 01:12 PM

Green Mountain Power, invested
. . . $8 million, in a Virtual Power Plant (VPP), which just saved them,
. . . $1,2 million, in just one week, as temperatures soared into the 90s.

By tapping into its VPP system,
. . . it was able to avoid paying peak prices,
. . . from other power generators, and also,
. . . was able to reduce its payments to the
. . . bulk transmission system for New England.

You can do a lot with battery storage,
. . . that we haven’t had flexibility to do in the past.
You can use them like a:
. . . . . . generator,
. . . . . . load, or
. . . . . . voltage source

“Unlike when you build poles and wires,
. . . where you have to build them, and function with them,
. . . but, they don’t return any value.
This (VPP) actually pays for itself plus more,”

7-27-2018 Source:  #Virtual Power Plant: saves $1/2 Million in 1 week

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