What Google’s virtual power plant in PJM says about the race for electricity
Utility Dive · Herman K. Trabish ·
Voltus CEO Dana Guernsey compared new “bring your own new capacity” contracts to the power purchase agreements that “revolutionized” utility-scale solar and wind development.
An agreement by Google to fund a 100-MW virtual power plant in the nation’s biggest regional market signals the emergence of distributed capacity as a valuable resource amid tightening power supplies, industry sources say.
The tech giant announced in June that it would pay residential, commercial and industrial customers in the PJM Interconnection to participate in a three-year VPP operated by Voltus.
The contract is unique because it holds Voltus responsible for Google’s capacity obligation — a vote of confidence by the hyperscaler that reflects new market realities, Voltus company officials told Utility Dive.
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