Utility Dive•22 days ago
Michigan, New York lawmakers consider virtual power plant bills
Key Takeaway
This legislation opens up significant market opportunities for third-party developers and aggregators of distributed energy resources in Michigan and New York by preventing utility market dominance.
AI Summary
- •Michigan and New York are advancing legislation to enable Virtual Power Plants (VPPs).
- •Proposed bills would prohibit utility ownership of VPP-participating Distributed Energy Resources (DERs).
- •Legislation mandates reasonable access for third-party aggregators, creating new market opportunities for DER developers and large loads in these states.
Topics
capacity-marketdatacenterfinancinginterconnectpolicysolarstorage