Rethink Energy publishes VPP Forecast to 2040

A fresh report from Rethink Energy predicts that Virtual Power Plants (VPPs) will become a major segment of the power grid by 2030, growing to incorporate a plurality of generation, storage, and demand response assets in the course of the 2030s. With little to no physical infrastructure required to extend their control and financial structures over an ever-broadening range of assets, VPPs will become a major segment of the US, EU, Chinese and Australian power grids by 2030, growing to incorporate a plurality of generation, storage, and demand response assets in the course of the 2030s. The pace-setters will be the liberalized, swiftly transitioning EU and Australian grids, with China and the US following behind. Virtual Power Plants are fundamentally…