Texas leads VPP adoption with deregulated market
- Admin
- May 30, 2024
- 1 min read
Texas has a unique electric grid operated by ERCOT, fostering a market-based approach towards energy generation and transmission. The state is a favorite for utility-scale solar PV developers due to its business-friendly environment. Texas is pioneering in the VPP industry, enabling local distribution of power through various energy assets. VPPs play a crucial role in reducing peak electricity demand and decarbonizing energy. The state's readiness to adopt VPP programs and its deregulated market structure make it a frontrunner in VPP implementation. VPPs offer cost-saving benefits for grid operators and consumers alike.
Source:
Want to read more?
Subscribe to vitaliydaviy.wixsite.com to keep reading this exclusive post.
