Electricity Users May Warm To The Next Trend: Virtual Power Plants [Forbes]
NRG Energy, Inc. (NRG)
Last nrg energy, inc. earnings: 11/7 07:06 am
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Source: Forbes
Google bought Nest, a home automation company, for $3.2 billion taking Google further into the home ecosystem. (Photo illustration by George Frey/Getty Images) Getty Images With winter settling in, I got a new furnace and automated thermostats for my home. Those gadgets can combine with other assets to aggregate electricity—power that will kick on when the utility needs it, allowing them to bypass buying electricity on the spot market. That also reduces capital expenses associated with building new power plants or wires. In energy parlance, it's known as a virtual power plant (VPP), which consists of a combination of distributed energy assets. On average, each home has around 17 smart devices, and many people own electric vehicles. Collectively, these assets have the potential to transform the energy landscape by capturing electricity from distributed sources and redistributing it to where it is most needed. Cloud-based software provides a comprehensive view of the system. For e
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NRG
Earnings
- 11/8/24 - Beat
NRG
Sec Filings
- 12/17/24 - Form 4
- 11/21/24 - Form SCHEDULE
- 11/15/24 - Form 4
- NRG's page on the SEC website