How can the energy industry unlock and coordinate latent grid flexibility fast enough to seize emerging revenue streams, avoid costly infrastructure upgrades, and increase reliability and resilience?
This indispensable report, created by Cambridge Consultants in collaboration with Cambridge Cleantech, unpacks the key challenges and opportunities of the future grid. What’s more, it has findings that point to a clear answer – thanks to research, interviews and a roundtable with senior stakeholders in the energy and climate tech industry across the UK and Europe.
Accelerating the equitable deployment of accessible energy flexibility, enabled by Virtual Power Plants (VPPs), is the way forward. Here, we define VPPs as a coordinated set of DERs (solar panels, energy storage, EVs and heat pumps) that collectively function to enhance grid stability, reduce costs, and maximise renewable energy usage.
Turning this forward vision into real-world impact demands collective action involving a diverse network of participants. Recognising this, the report suggests solutions, optimal areas of innovation and tangible actions that energy market stakeholders can take to help achieve shared goals. Download your copy below.
