The Connecticut Green Bank and GoodLeap on Aug. 13 announced a strategic partnership to develop and operate Virtual Power Plants across Connecticut.
This collaborative effort, enabled through the State’s Energy Storage Solutions program, will focus on deploying residential solar systems and battery energy storage to help lower energy costs, improve grid resilience, and advance Connecticut’s clean energy goals.
Enabled by GoodLeap’s AI-powered proprietary software, GoodGrid, and integrated with the utility’s Distributed Energy Resource Management Systems (DERMS), the VPPs can aggregate thousands of residential solar and storage systems into coordinated networks to provide grid services, such as peak demand reduction, helping reduce strain on the electrical grid, potentially deferring distribution infrastructure investments for utilities, and will better position Connecticut to meet its clean energy deployment targets, a news release from the Connecticut Green Bank said.
This can help lower costs for all homeowners as more expensive sources of energy can be avoided during these peaks, and will increase access to distributed energy resources.
Eligible Connecticut homeowners will receive monthly cash rewards through the GoodGrid cash rewards, advancing the goals of the Energy Storage Solutions program.
The Green Bank will also support the partnership through technical assistance to streamline project development and interconnection, as well as stakeholder and community engagement to boost awareness and participation while ensuring equitable access.
Through this agreement, Connecticut Green Bank and GoodLeap will partner in ongoing collaboration on performance metrics, grid integration, and community impact reporting.
The Energy Storage Solutions program is overseen by the Public Utilities Regulatory Authority, is paid for by electric ratepayers, and is administered by the Connecticut Green Bank, Eversource, and UI.
For more information on the Energy Storage Solutions program, visit https://energystoragect.com.