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SAN FRANCISCO and BOSTON, March 15, 2023 (GLOBE NEWSWIRE) -- Voltus, Inc. ("Voltus"), the leading distributed energy resource (DER) software platform and virtual power plant (VPP) operator, today announced that it has been named a leader in multiple categories in the Wood Mackenzie Virtual Power Plant Market Report. The report analyzes the current VPP market in the US and Canada, based on a database of over 500 VPP projects. Voltus is one of only six companies listed in all three categories - Market Interface, VPP Operator, and DER Platform.
Wood Mackenzie Virtual Power Plant Market Report highlights:
“We recognized Voltus as a leader due to its breadth of VPP services and integrations with all wholesale power markets in the US and Canada,” said Ben Hertz-Shargel, Global Head of Grid Edge, Wood Mackenzie. “In addition, Voltus is rapidly innovating, not just in the commercial and industrial sector, but also in connecting fast-growing DER classes - like residential smart thermostats, stationary storage, and EVSE, to the grid.”
“Voltus is honored to be included in the Wood Mackenzie report alongside other established leaders in our industry. The report affirms Voltus’s leadership position as a fast-growing, scalable, asset agnostic VPP operator,” says Voltus’s Chief Product Officer, Dana Guernsey. “The report also highlights Voltus’s core competency as a Market Interface, which Wood Mackenzie views as a “force multiplier” for DER monetization. As strain on the grid increases and grid operators urgently need resources, Voltus is positioned to deploy VPPs at maximum scale and speed to meet capacity, energy, and ancillary services needs across markets.”
About Voltus, Inc.
Voltus is the leading DER software technology platform and virtual power plant operator connecting over 4 GW of distributed energy resources to electricity markets, delivering less expensive, more reliable, and more sustainable electricity. Our commercial and industrial customers and DER partners generate cash by allowing Voltus to maximize the value of their flexible load, distributed generation, energy storage, energy efficiency, and electric vehicle resources in these markets. To learn more, visit www.voltus.co.