Energy Storage News•6 days ago
Minnesota regulator approves Xcel’s controversial utility-owned virtual power plant
- •Xcel Energy's Capacity*Connect virtual power plant (VPP) program in Minnesota received MPUC approval for a 200MW expansion.
- •This utility-owned VPP expansion signals a growing trend of utilities directly controlling distributed capacity, potentially impacting independent power producer (IPP) opportunities in traditional capacity markets.
- •Regulatory approval for utility-owned VPPs sets a precedent, indicating a shift in how capacity is procured and managed across regions like MISO.
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