Unlocking Customer Value: The Virtual Power Plant
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The utility world has changed drastically in the last 10
years. New technologies like Smart Meters and fully
functional Smart Grid concepts have made large inroads
into the utility space and no one should want to be left behind.
Utilities also face additional pressures from regulatory bodies
who are continuing to encourage carbon reduction and
greater customer flexibility. Utilities need to balance these
new requirements with the financial obligations of providing
reliable power (at a reasonable price) while attempting to
meet shareholder expectations. Each of these goals are not
necessarily complimentary, thus utilities need to determine
how to address each one.