Discover and read the best of Twitter Threads about #virtualpowerplants

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BREAKING: Amazing new report by @TheBrattleGroup (backed by @Google). VPP's can provide resource adequacy that is ~50% of the cost of the alternative options; 60 GW of #VirtualPowerPlant deployment at $15–$35 billion less than the cost of the alternative
prnewswire.com/news-releases/… Image
"Over the past decade, the U.S. added over 100 GW of new capacity intended largely to maintain resource adequacy. This amounted to over $120 billion of capital investment, primarily in gas fired generators and lithium ion batteries."
Once you account of additional societal benefits, a VPP is the only resource that could actual have a negative net cost. "60 GW of VPP could provide over $20B in additional societal benefits over a 10 year period." And the money for demand flexibility is paid to households! Image
Read 6 tweets
@phenrikand 1/ I’ve been in the digital cash and eMoney space since 1999 for co-design bit.ly/NavyCash It was centralised command control money digital USD on an EMV card where the backend -> every transaction traced & tracked by float manager @jpmorgan debitcard ATMs via @Mastercard
@phenrikand @jpmorgan @Mastercard 2/ Every Navy base & every ship in a flotilla was like an island🌴 at sea (at any point in time it could have only local and no or limited comms back to treasury) Similar to today’s offchain and onchain networks eventually reconciliation would happen. DoubleSpends manual captured
@phenrikand @jpmorgan @Mastercard 3/ Proof of Work Blockchains tend to centralisation. The top5 PoW 💥 Blockchains generally work 💪and have a huge bounty on their embedded value across their networks PoS and others not so much
Read 15 tweets

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