Virtual

A virtual power plant is a network of distributed energy resources, such as smart thermostats and batteries, that are aggregated and managed as a single power plant to provide grid services. Virtual can also refer to digital or simulated environments, such as virtual reality systems or virtual departments.

Why it’s in the news: It is in the news due to significant funding for a virtual power plant platform and its use in compliance and grid management.

Latest on Virtual

• Virtual Power Plant Platform Voltus Raises $225 Million
• A Virtual Compliance Department for Every Fleet
• 11 premises raided over alleged bid-rigging to supply virtual reality systems to schools
• Hyundai’s off-road electric SUV makes its virtual debut, but will it ever hit the road?
• Smart thermostat aggregator rebrands, launches ‘whole-home’ virtual power plant
• Anti-terror arrests in Indonesia highlight challenge of combating ‘virtual’ groups

Connections

3 entities linked to Virtual across the news graph.