Sunrun (RUN) reported significant growth in its virtual power plant (VPP) programs during 2024, achieving a combined peak capacity of nearly 80 megawatts. Over 20,000 customers participated in 16 VPP programs across nine states and territories. The company’s CalReady program in California, the nation’s largest single-owner VPP, delivered an average of 48 megawatts during peak hours, with output peaking at 54 megawatts.
Notable achievements include the PowerOn Puerto Rico program supporting over 70 energy shortfall events, new partnerships with Tesla Electric and Vistra in Texas offering customer incentives, and launching the first vehicle-to-home grid support program with Ford and Baltimore Gas and Electric. The company’s storage-first approach saw customer enrollment in power-sharing programs grow approximately 100% year-over-year in 2024.
(ed: this is all good news as the technology deployment gets off to a good start)
Sunrun’s Virtual Power Plant Programs Surge to 80MW, Customer Base Doubles in 2024 | RUN Stock News
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