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DEARBORN, Mich., Jan. 10, 2023 – On Tuesday, Ford announced the formation of the Virtual Power Plant Partnership (VP3), a coalition led by the Rocky Mountain Institute (RMI) aimed to scale the market for virtual power plants to help advance affordable, reliable electric sector decarbonization and support grid resiliency.
VP3 includes founding members Ford, General Motors, Google Nest, OhmConnect, Olivine, SPAN, SunPower, Sunrun, SwitchDin, and Virtual Peaker.
"Electric vehicles are introducing entirely new opportunities for consumers and businesses alike, creating a greater need for sustainable energy solutions to responsibly power our connected lifestyles," said Bill Crider, head of global charging and energy services, Ford Motor Company. "Supporting grid stability through the introduction of technologies like Intelligent Backup Power is central to Ford's strategy, and collaborating to advance virtual power plants will be another important step to ensure a smooth transition to an EV lifestyle."
The full press release from RMI can be found here.
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