Understanding the future of VPP market design and technology with Shikhar Pandey
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While the reliability of the electric grid has long been a point of pride for the entire utility sector, that stability has simultaneously made modernization efforts especially challenging. When the status quo is keeping the lights on, why make a major change? However, ever-increasing energy demand as well as weather events that are as newly unpredictable as they are powerful has changed the paradigm. These issues are complicating efforts to both plan for and execute infrastructure updates, but they’re also opening up genuine opportunities for utilities to embrace distributed energy resources (DERs) as an essential part of those planning efforts.
That said, transforming individual DERs and decentralized virtual power plants (VPPs) into reliable assets capable of delivering real-time power is no small feat. Doing so requires navigating legacy distribution hardware, regulatory friction, and the persistent reality that roughly 80% of behind-the-meter capacity is unenrolled in active programs.
Few people understand these challenges from a technical, operational and market perspective as Shikhar Pandey, founder and managing partner of GridCo Group. We talked with him for an episode of the Factor This podcast to explore how he’s been able to bring his perspective on the value of DERs into conversations with utilities that explore operational updates, market realities and policy shifts that will help transform VPPs from emergency assets into foundational pillars for grid planning.
Energy policy on your mind? Check out all episodes of the Factor This Policycast