Marketplace: “Smart Thermostats and Virtual Power Plants Make the Most of Excess Energy”

Senior Fellow Karen Palmer speaks to incentives for virtual power plants in this radio story.

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Date

Nov. 8, 2024

News Type

Media Highlight

Source

Marketplace

And we have that extra electricity because of the nature of renewables—the sun is shining and the wind is blowing whether we use that energy or not.

“Those are resources where the supply of electricity doesn’t necessarily come when people are demanding it, but if you provide incentives, you can switch,” said Karen Palmer, a senior fellow and director of the electric power program at Resources for the Future.

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