Optical Fiber Cable Show 2024 News - GoodLeap Launches "Virtual Power Plant" Product
GoodLeap, a leading financing and software product technology platform in the United States, recently announced the launch of a Virtual Power Plant (VPP) product named GoodGrid. Optical Fiber Cable Show 2024 learned that through collaboration with homeowners, GoodLeap leverages its software platform to optimize the performance of batteries and other devices, allowing GoodGrid users to receive continuous cash rewards while promoting the development of a reliable and sustainable power grid.
A "Virtual Power Plant" (VPP) is a network of behind-the-meter products in homes, including rooftop solar systems, residential batteries, HVAC systems, electric vehicles, heat pumps, and water heaters. VPP providers can sign contracts with VPP users, offering services based on energy demands and state policies, with specifics varying by region.
GoodGrid has already deployed energy resources to mitigate events in the California Energy Commission (CEC) Demand Side Grid Support (DSGS) program, where consumer energy demand exceeds capacity.
Hayes Barnard, founder, chairman, and CEO of GoodLeap, stated, "Distributed energy has proven its value to numerous users. Now, our software can ensure a stable power supply for utilities and users, while avoiding outages and costly consumption of fossil fuels."
Optical Fiber Cable Show 2024 believes that this program provides a path of collaboration for homeowners and utility companies to meet the country's growing energy demands.
Dan Lotano, Chief Strategy Officer at GoodLeap, commented, "Utilities and grid operators are continually exploring various solutions. Without raising prices, they ensure the normal operation of communities. Many homeowners have already installed virtual grid devices, laying a solid foundation for the future of clean energy."
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