CPower Joins Industry Leading "Virtual Power Plant Partnership" Initiative
BALTIMORE, March 21, 2023 /PRNewswire/ -- CPower Energy ("CPower"), the national leader in unlocking the value of customer Distributed Energy Resources (DERs), today announced that it has joined RMI's Virtual Power Plant Partnership (VP3). The initiative aims to catalyze the industry and transform policies to support scaling virtual power plants (VPPs) in ways that help advance affordable and reliable electric sector decarbonization by overcoming barriers to VPP market growth. CPower joins industry leaders, including Ford, General Motors, and Google Nest, among others, in working toward a future where businesses, households, and communities are empowered through VPPs which can help to support cost-effective energy, emissions reductions, and a more resilient electricity grid.
- BALTIMORE, March 21, 2023 /PRNewswire/ -- CPower Energy (" CPower "), the national leader in unlocking the value of customer Distributed Energy Resources (DERs), today announced that it has joined RMI's Virtual Power Plant Partnership ( VP3 ).
- The initiative aims to catalyze the industry and transform policies to support scaling virtual power plants (VPPs) in ways that help advance affordable and reliable electric sector decarbonization by overcoming barriers to VPP market growth.
- "CPower was recently recognized as the North America leader for flexible capacity in Wood Mackenzie's most recent market report.
- "VP3 is excited to partner with CPower and other industry leaders to grow the market for VPPs and ensure the energy transition doesn't miss a beat."