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LPO Director Jigar Shah Discusses VPPs with Duke Energy Senior Vice President Lon Huber at RE+ 2023

Jigar Shah's picture
Director, Loan Programs Office , U.S. Department of Energy

Jigar Shah was most recently co-founder and President at Generate Capital, where he focused on helping entrepreneurs accelerate decarbonization solutions through the use of low-cost...

  • Member since 2017
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  • Oct 25, 2023
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Missed LPO at RE+ 2023? Good news—you can catch up on two of the highlights of the conference: LPO Director Jigar Shah's "Master Speaker Session" discussion with Duke Energy Senior Vice President Lon Huber and his "QuickTalks" presentation with LPO Senior Advisor Jen Downing summarizing the DOE's Pathway to Commercial Liftoff for Virtual Power Plants (VPPs) report, which was announced at the conference (see: https://lnkd.in/eQYgkB8B).

In a sign of the times for VPPs, both discussions ended up coalescing around the same basic message: There used to be tension between the distributed solar industry and utilities for reasons such as the economics of net metering. But with the growth of VPPs, distributed solar, storage, and many other types of distributed energy resources are becoming critical tools for utilities to serve growing demand. It’s becoming clear that VPPs can serve as a win-win solution, helping to overcome past differences between distributed solar and utilities. It's time to #deploydeploydeploy!

WATCH THE VIDEOS:

• RE+ 2023 Master Speaker Session: "How the Solar and Utility Industries Work Together to Brighten the Outlook for VPPs" with Jigar Shah and Lon Huber: https://lnkd.in/g92BE-bh


• RE+ 2023 QuickTalk: "The Department of Energy’s Pathway to Commercial Liftoff for Virtual Power Plants" with Jigar Shah and Jen Downing: https://lnkd.in/gQh6s8EC

 



LEARN MORE:

• Download the full Virtual Power Plants Liftoff report: https://lnkd.in/gr-tPU2b

• Signup to be notified when new reports are available at the Pathways to Commercial Liftoff website: Liftoff.Energy.gov

• Read about Project Hestia—LPO's first VPP project—with an up to $3 billion partial loan guarantee issued to Sunnova Energy in September: https://lnkd.in/gVtqc5zW

• Read LPO's Tech Talk on VPPs, which outlines why VPPs are at an inflection point due to market and technical factors: https://lnkd.in/g3DQjgjs

• Check out LPO's "VPPieces" blog series, where Director Shah examines technical, financial, and policy aspects of VPPs, from benefits to affordability to barriers to deployment and scaleup: https://lnkd.in/gP_qTTV4

• Read LPO's Sector Spotlight on VPPs, which outlines the crucial role that VPPs can play in smoothing the transition as the U.S. economy rapidly electrifies to meet climate targets, pushing the national grid to new limits with an unprecedented increase in demand: https://lnkd.in/gcqNhVSa

• Visit LPO's VPPs tech sector page at: https://lnkd.in/gPnNw_3J

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