Last week, PJM Interconnection announced a 9X increase of their capacity prices. Check out Voltus's President, Matthew Plante's commentary in RTO Insider LLC with Devin Leith-Yessian: He said, "the results were predictable given the number of generation retirements and PJM’s load forecasts. However, shifts in resource accreditation also had a large impact on the amount of supply able to offer into the auction... Asset-backed DR resources — such as smart thermostats, batteries or anything requiring a capital investment — are especially likely to be buoyed by the high prices." “It’s hard to find a customer that doesn’t want to take advantage of the value proposition that now exists.” https://lnkd.in/guAk4z5n
About us
Voltus is a leading DER technology platform and virtual power plant operator connecting distributed energy resources to electricity markets, delivering less expensive, more reliable, and more sustainable electricity. Our commercial and industrial customers and DER partners generate cash by allowing Voltus to maximize the value of their flexible load, distributed generation, energy storage, energy efficiency, and electric vehicle resources in these markets. Comment end To learn more, visit www.voltus.co.
- Website
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http://www.voltus.co
External link for Voltus
- Industry
- Utilities
- Company size
- 201-500 employees
- Headquarters
- San Francisco, CA
- Type
- Privately Held
- Founded
- 2016
- Specialties
- Distributed Energy Resources, Demand Response, Aggregation, Energy Supply Management, Energy Efficiency, Energy Management, Energy Intelligence Software, Smart Grid, Virtual Power Plant, and Utility Bill Management
Locations
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Primary
542B Presidio Boulevard
San Francisco, CA 94129, US
Employees at Voltus
Updates
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🎉💚
Voltus, with the help of its portfolio of dedicated customers, has surpassed 100,000 metric tons of CO2 emissions avoided in 2024 through our #demandresponse and #virtualpowerplant services! Did you know? Virtual power plants support the clean energy transition by: 👉 Reducing electricity use - the cleanest megawatt is the megawatt never used! 👉 Preventing the use and building of peaking power plants 👉 Providing flexible demand-side resources to help balance and support the growth of renewable energy
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Voltus, with the help of its portfolio of dedicated customers, has surpassed 100,000 metric tons of CO2 emissions avoided in 2024 through our #demandresponse and #virtualpowerplant services! Did you know? Virtual power plants support the clean energy transition by: 👉 Reducing electricity use - the cleanest megawatt is the megawatt never used! 👉 Preventing the use and building of peaking power plants 👉 Providing flexible demand-side resources to help balance and support the growth of renewable energy
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On the morning of Monday July 15, the NYISO system load was trending above the forecast by a considerable amount -– usually not a good sign for grid stability during historic heat waves. Voltus and its #NewYork virtual power plant rose to the challenge, dispatching 350+ MW of demand-side resources, helping the system load drop below the forecast, enhancing NYISO grid stability, and avoiding potential blackouts in the process. #Demandresponse shines as a solution to enhance grid stability while paying energy resources handsomely during the process. #virtualpowerplant #distributedenergyresources
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New research from RMI - Meeting Summer Peaks: The Need for #VirtualPowerPlants (VPPs). Due to unprecedented load growth, increasing extreme weather events, and changing power supply, regulators and utilities need easily deployable, diverse, and affordable solutions to support a more reliable and affordable grid. VPPs' flexibility, affordability, deployment speed, and ability to support grid resilience can optimize existing infrastructure to address near-term and long-term grid needs. Read the full report here: https://lnkd.in/gCuUV2Tb #distributedenergyresources #cleanenergy #climatetech
Meeting Summer Peaks: The Need for Virtual Power Plants - RMI
https://rmi.org
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Sometimes progress towards climate goals happens rapidly, other times gradually. In the case of NYISO's DER Participation Model, it's a gradual move that's supporting the important goal of reaching 70% renewables on the grid by 2030 on a tight timeline. If you're enrolled in a #demandresponse program in NYISO or are considering it, here's what you need to know to make the best decision for your business: 👉 The DER Participation Model provides DERs with access to more market opportunities, potentially increasing revenue for participating organizations. 👉 The aggregation threshold has been reduced to 100 kW (10 kW per DER), offering DERs more access to cash-generating market opportunities. 👉 Factors like your load profile, curtailment capabilities, response times, and site locations will significantly impact your earnings under the new model. Moreover, there are only 3 approved DER aggregators that can provide access to this new opportunity for your business. Voltus stands out as the sole approved DER aggregator with extensive experience in NYISO's ancillary market. Additionally, we offer a simple platform to help you understand your DR performance, forecasted and actual earnings, and real-time energy usage. For more insights, check out our latest blog by Angel Fernandez Amores, our NYISO Energy Market Director! If you have any questions, feel free to reach out to us at info@voltus.co. #NYISO #DistributedEnergyResources #DemandResponse #VirtualPowerPlants #RenewableEnergy https://lnkd.in/g7PFmf2c
Unlock Revenue with NYISO's DER Participation Model | DER Aggregator Guide
voltus.co
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Happy #PrideMonth from Voltus! At Voltus, we celebrate diversity, equity, and inclusion while driving the clean energy transition forward. We are committed to creating a workplace where EVERYONE feels valued and respected. Let's continue to champion equality and drive positive change in our community and beyond. 💪💚💙
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Voltus reposted this
Thank you Congressman Sean Casten and Senator Richard Durbin for introducing the REDUCE Act highlighting how important it is to make access for #demandresponse and #virtualpowerplants more equitable across all US states. Aggregated #DR resources have brought thousands and thousands of MW to market where states alone did not. Now, it's more important than ever to allow these resources to bring economic relief and grid reliability to states seeing unprecedented load growth and rising electricity prices. These are also not small savings amounts we're talking about. The U.S. Department of Energy (DOE) VPP Liftoff Report (thank you Jen Downing and Jigar Shah!) highlights how deploying VPP capacity is urgently needed to address meet growing peak demand and save Americans billions. So why should local businesses and consumers in some states benefit from this and not others? I can't come up with a good reason. Hopefully the Federal Energy Regulatory Commission will now open a rulemaking to fix this inequity once and for all. PS: "REDUCE" stands for: Responsive Energy Demand Unlocks Clean Energy. So true. https://lnkd.in/gPT9H95D #energytransition #DR #DERs #VPPs #Order2222 Neil Chatterjee
Casten, Durbin Introduce Legislation to Eliminate Demand Response Opt-Out | U.S. Congressman Sean Casten
casten.house.gov
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Federal Energy Regulatory Commission Order 1920 aims to address long-term transmission system planning across the US in a bid to improve grid resilience and reliability. But former #FERC Chairman and Voltus's Chief Regulatory Officer, Jon Wellinghoff argues that by addressing transmission planning in isolation, FERC has made little progress on resolving the grid resilience issue in a satisfactory way. “The most important thing is that in resolving Order 1920, this will now allow the Commission to turn to the most important issue facing this country - demand side resources and FERC Order 2222.” Read the full article below. #distributredenergyresources #virtualpowerplants https://lnkd.in/gAs2TvSF
FERC transmission rule only part of the grid reliability solution
voltus.co