Connecticut Green Bank and GoodLeap have partnered to build and operate a network of AI-powered virtual power plants (VPPs) in the US state of Connecticut.
The initiative is part of the state’s energy storage solutions programme aimed at deploying residential solar systems coupled with battery energy storage.
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The collaboration seeks to reduce energy costs, bolster grid resilience and support the state’s commitment to clean energy.
Powered by GoodLeap’s AI software, GoodGrid – the fastest-growing VPP network in the US – and combined with the utility’s distributed energy resource management systems (DERMS), these VPPs can aggregate thousands of residential solar and storage systems into coordinated networks.
The networks are designed to provide essential grid services such as peak demand reduction, reducing the burden on the electrical grid while delaying distribution infrastructure investments for utilities.
This could reduce expenses for all homeowners by avoiding costlier energy sources during peak times and increasing access to distributed energy resources.
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By GlobalDataConnecticut Green Bank president and CEO Bryan Garcia stated: “Together with GoodLeap, we are working to ensure that Connecticut residents — especially those in vulnerable communities — benefit from clean, resilient and affordable energy solutions.
“We saw GoodLeap leading on VPPs in other states around the country and felt that their technology, products and services were needed in Connecticut to help our families realise the benefits of these distributed energy resources. This initiative will bring new resources to homeowners and ratepayers while supporting our state’s climate and energy goals.”
Homeowners in Connecticut participating in this programme will be eligible for monthly cash incentives through the GoodGrid cash rewards scheme.
The initiative aligns with the objectives set out by the Energy Storage Solutions programme.
The Green Bank will facilitate this partnership by providing technical assistance for project development and interconnection processes.
It will also engage stakeholders and communities to enhance awareness about this venture and participation rates while ensuring equitable access across different demographics.
As part of their ongoing collaboration, Connecticut Green Bank and GoodLeap will work together on performance metrics monitoring, integration into existing grids, as well as reporting on community impact outcomes.
The Energy Storage Solutions programme is supervised by the Public Utilities Regulatory Authority and funded by electric ratepayers while being administered jointly by Connecticut Green Bank alongside Eversource and UI.
