SAN FRANCISCO and RICHMOND, Va., Feb. 21, 2024 (GLOBE NEWSWIRE) — Voltus, Inc. (Voltus), the leading Distributed Energy Resource (DER) platform and virtual power plant operator, today announced its selection as the preferred vendor for the Demand Response program for the Virginia Department of Energy (Virginia Energy). Voltus was selected by Virginia Energy to help participating Commonwealth facilities earn revenue and generate savings by reducing electricity use in response to grid signals, such as high demand, inadequate supply, high prices and high emissions.
Over 400 public facilities in Virginia, including airports, universities, K-12 schools, municipal buildings, and wastewater treatment and recycling plants, will have the opportunity to enroll with Voltus. The Voltus platform will enhance performance during dispatches, track demand response earnings and avoided carbon emissions, and identify new energy efficiency and demand response opportunities, thus creating an increased financial opportunity for Commonwealth facilities.
“Voltus will play an important role in keeping our energy reliable and affordable while putting money back into the hands of local facilities,” said Virginia Energy State Energy Office Director, …