Energy users with large, flexible loads can earn revenue, reduce costs and advance sustainability goals without impacting productivity. Utilities and wholesale electricity market operators across the U.S. reward customers for helping to keep the lights on for their facilities and communities when the power grid is stressed.
Customers can reduce strain on the grid and improve grid resilience by using their distributed energy resources (DERs) as virtual power plants (VPPs). A DER is any asset that reduces, stores or discharges electricity in response to a grid operator’s request, like curtailable load, on-site generation or energy storage.
In this guide, CPower experts explain how to evaluate the flexibility of your energy resources, determine your operational flexibility and identify energy incentives for helping your organization and community. You will gain an understanding of the capabilities and benefits of VPPs for facilities, and how to unlock the full value of your DERs through grid services opportunities.
You will learn how to:
- Avoid grid imbalances that could disrupt operations.
- Get paid for grid services without impairing productivity.
- Reduce energy costs through on-bill savings.
- Stack incentives for greater returns.
- Maximize the value of your energy resources across multiple facilities.