Valerie Volcovici of Reuters reports that GM, Ford, and Google will promote virtual power plants.
- Virtual power plants bring together decentralized sources of power such as EVs or electric heaters controlled by smart thermostats to bring power to the grid during outages.
- GM, Ford, and Google will work with solar companies to establish standards for scaling up virtual power plants.
- Research shows that virtual power plants can reduce U.S. peak demand by 60 gigawatts, the average consumption of 50 million homes, by 2030.
Read the full article here.