Energy & Water
California Legislature pulled funding from its virtual power plant program(s) that would have offered more than 1GW, and offered customers, utilities and/or aggregators compensation in exchange for allowing their resources to be dispatched at times of grid stress.
A study found that the virtual power plant would have saved ratepayers $206 million between 2025 and 2028. What happened? A $12 billion state budget shortfall.
Utility Dive | California zeroes out funding for world’s ‘largest virtual power plant’
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