Energy Storage and Virtual Power Plants will Meeting Data Center Demand

At this year’s Infocast Solar and Wind Finance and Investment Summit, Wood Mackenzie analysts presented a complete overview of US energy markets, highlighting the key forces that shape the sector today and over the next decade. Wood Mackenize noted in 2023 that the sector had just gone through an extraordinary previous year that marked a turning point for world energy markets. In both the US and Europe, long-term support for renewable energy and…

Energy Storage and Virtual Power Plants will Meeting Data Center Demand

Utility Dive: According to Wood Mackenzie and the American Clean Power Association, the U.S. deployed more than 3 GW/10.5 GWh of energy storage in Q2 2024 – a dramatic 74% and 86% increase in power and energy capacity compared to Q2 2023. When strategically deployed, these solutions provide sub-second response times for demand management, frequency regulation, … Continue reading "Energy Storage and Virtual Power Plants will Meeting Data Center D…