Post-2016 Paris Agreement, global power sectors are adopting Virtual Power Plants (VPPs) and Distributed Energy Resource Management (DERM) powered by AI to address energy demand and carbon emissions. Europe, notably Germany and the UK, lead in adopting grid flexibility services due to widespread use of utility-scale renewable energy and supportive regulations. PTR Inc. projections suggest the UK and Germany will maintain leadership with 45 GW and 80 GW of grid flexibility capacity by 2030, respectively. Additionally, the development of the grid flexibility market depends on the electricity market structure, as without a suitable structure, technological solutions cannot be effectively deployed, and widespread consumer participation is uncertain.
Follow this link to learn more: AI Powered VPP and DERM: Innovations to Resolve Grid Constraints
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