Wednesday, January 15, 2025. 09:00 AM - 10:00 AM EST
Join distinguished leaders from the U.S. Department of Energy (DOE) for a deep dive into the new Virtual Power Plants report. The Pathways to Commercial Liftoff reports aim to establish a common fact base between the public and private sectors on critical clean energy technologies and what it will take to scale their commercialization. These reports are the product of comprehensive stakeholder engagement with industry, investors, the broader enabling ecosystem.
The Pathways to Commercial Liftoff: Virtual Power Plants Update marks the second installment of the Virtual Power Plant (VPP) Liftoff Report. Since the publication of the 2023 Liftoff Report, the near-term pressures on the U.S. electric grid have only intensified – rapid growth in peak electricity demand, upward pressure on customer costs from growing transmission and distribution upgrades to accommodate expected load growth, and outages due to extreme weather events and aging infrastructure are placing disproportionate pressure on grid reliability, affordability, and resilience.
VPPs are among the critical solutions to meet the pressing challenges the grid faces today and in the near-term. Deploying 80-160 GW of VPPs (enough to serve 10-20% of peak load) by 2030 could support rapid load growth while reducing overall grid costs. Come join us in this session to discuss all the progress that has been made to deploy VPPs at scale since the 2023 Liftoff Report, and the work that remains to be done to achieve Liftoff by 2030.
Featured Speakers
Dr. Vanessa Chan, DOE Chief Commercialization Officer & Director, DOE Office of Technology Transitions
Jigar Shah, Director, DOE Loan Programs Office
Alejandro Moreno, Associate Principal Deputy Assistant Secretary, DOE Office of Energy Efficiency and Renewable Energy
Sonali Razdan, Senior Advisor, DOE Office of Technology Transitions