Meeting Summer Peaks: The Need for Virtual Power Plants

The document advocates for the adoption of virtual power plants (VPPs) to address electricity grid reliability and affordability during summer peaks. It highlights that VPPs can leverage existing assets to manage investment costs and enhance community resilience against extreme weather, providing guidance for regulators to replicate successful VPP implementations from other jurisdictions.

• Electricity grids face increasing stress during summer periods due to the combination of growing loads and weather that is becoming more extreme and unpredictable.
• Virtual power plants (VPPs) are presented as a viable solution for utilities and regulators because they are rapidly deployable, can utilize existing customer and network assets to mitigate rate pressure, are configurable for uncertain grid needs, and improve community energy resilience.

APA

RMI (2024). Meeting Summer Peaks: The Need for Virtual Power Plants. https://rmi.org/resources/meeting-summer-peaks-the-need-for-virtual-power-plants-2/

Chicago

RMI. Meeting Summer Peaks: The Need for Virtual Power Plants. 2024. https://rmi.org/resources/meeting-summer-peaks-the-need-for-virtual-power-plants-2/.

Wikipedia

{{cite report |author=RMI |title=Meeting Summer Peaks: The Need for Virtual Power Plants |date=24 June 2024 |url=https://rmi.org/resources/meeting-summer-peaks-the-need-for-virtual-power-plants-2/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{rmi2024meeting, author = {{RMI}}, title = {{Meeting Summer Peaks: The Need for Virtual Power Plants}}, institution = {RMI}, year = {2024}, month = jun, url = {https://rmi.org/resources/meeting-summer-peaks-the-need-for-virtual-power-plants-2/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }