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AI Powered VPP and DERMS: Innovations to Resolve Grid Constraints

Written By: Asad Tariq
Published On: June 27, 2023

Article

AI Powered VPP and DERMS: Innovations to Resolve Grid Constraints

Written By: Asad Tariq
Published On: June 27, 2023

VPPs have enabled electricity consumers to participate in the electricity market and act as prosumers of electricity that provide services to the electricity grid while meeting their own needs which was otherwise not be possible. It is expected that the UK and Germany will remain the dominant market for both DERM and VPP in Europe till 2030. Grid flexibility capacity of the UK and Germany is anticipated to reach beyond 100 GW by 2030.

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