Virtual power plant & transactive energy platforms to evolve, creating business models that leverage large volumes of data, says Navigant Research

By Paul Dvorak A recent report from Navigant Research examines the core of virtual power plant (VPP) and transactive energy (TE) platforms, identifying potential revenue streams that could be created through the integration of both.
The concepts of VPPs and TE are similar in that they place prosumers—formerly passive consumers that now also produce energy—at the forefront of an emerging market for grid services delivered by distributed energy resources (DER). Yet, industry stakeholders must consider significant differences as policymakers accommodate new technologies, business models, and software platforms associated with power generation, control, and transmission and distribution.
“The energy industry is shifting inexorably toward a more

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