up:: [[Energy Systems MOC]]
tags:: #on/energy_management #note/develop
# Virtual Power Plants
> A **virtual power plant** (**VPP**) is a [cloud-based](https://en.wikipedia.org/wiki/Cloud_computing) distributed power plant that aggregates the capacities of heterogeneous [distributed energy resources](https://en.wikipedia.org/wiki/Distributed_energy_resources "Distributed energy resources") (DER) for the purposes of enhancing power generation, trading or selling power on the electricity market, and demand side options for load reduction.
DER assets in a VPP can include photovoltaic solar, energy storage, electric vehicle chargers, and demand-responsive devices (such as water heaters, thermostats, and appliances) with examples of virtual power plants existing in the United States, Europe, and Australia.
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## Objective of a Virtual Power Plant (VPP)
A VPP should be able to monitor, forecast, optimize, and trade the power of its managed assets. This way, a VPP is an integral part of a responsive, smart grid in that:
* VPPs help rebalance power in real-time by ramping up and down controlled units.
* VPPs create the preconditions for renewable energy options into the grid and energy markets.
* VPPs can enable smaller generators and loads to offer balancing services in aggregate, whereas they wouldn't meet the minimum reliability and bid size individually.
By a combination of the above points, ultimately, a VPP can offer the same generation performance to be a **drop-in replacement for fossil-fuel power plants**. As well as a power sink to handle excessive intermittent generation to balance the grid. **VPPs are the sponge of the modern, responsive grid ecosystem**.
### Objectives of a VPP Operator
todo: logical containments
[California ISO (CAISO) · Energy Knowledge Base](https://energyknowledgebase.com/topics/california-iso-caiso.asp)
[Non-Profit Utilities Could Cure What Ails California Electricity | Economics Outside the Cube](https://mcubedecon.com/2019/11/19/non-profit-utilities-could-cure-what-ails-california-electricity/)
[SCE Territory Map | Leadership | Who We Are | About Us | Home - SCE](https://www.sce.com/about-us/who-we-are/leadership/our-service-territory)
Sources
* [Virtual power plant - Wikipedia](https://en.wikipedia.org/wiki/Virtual_power_plant)
* [VPP explained: What is a Virtual Power Plant?](https://www.next-kraftwerke.com/vpp/virtual-power-plant)