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NRG, Renew Home & Google Cloud Announce Partnership Aiming For 1 GW VPP In Texas
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NRG Energy Inc. today announced that it is partnering with Renew Home, a virtual power plant (VPP) company, to boost its residential VPP capabilities in Texas
"Together, NRG and Renew Home aim to distribute hundreds of thousands of VPP-enabled smart thermostats by 2035 and create a nearly 1 GW AI-powered VPP -- enabled by Google Cloud technology -- to improve the Texas grid's resiliency and help households manage and lower their energy costs," NRG said
To build the VPP, NRG, in partnership with Renew Home, plans to offer Vivint and Nest smart thermostats, including professional installation, "at no cost" to eligible customers across NRG’s retail electricity providers and plans.
Over time, the parties expect to add devices such as batteries and electric vehicles to the VPP
NRG and Renew Home expect to roll out their VPP program to Texas customers in the spring of 2025.
"To maximize the impact of the VPP and other strategic initiatives, NRG will embark on a broad multi-year technology transformation with Google Cloud. Through the use of Google Cloud's data, analytics, and AI technology, NRG will be able to do things like better predict weather conditions, forecast wind and solar generation output, and create predictive pricing models, allowing for more efficient production and ultimately ensuring the home energy experience is seamless for customers," NRG said
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November 7, 2024
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Copyright 2024 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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