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Energy Financial Settlements

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Will L.A. become a virtual power plant?

Energy Financial Settlements Patent Forecast®

April 23, 2019

Los Angeles aims to transition to 100% clean energy by 2045. Sunrun, a residential solar electricity provider in California, states that 75,000 solar residences used as a "virtual power plant" would be enough to replace the energy production of one gas-powered plant while also saving $60 million. Sunrun is certainly not alone in preparing for a future of virtual power plants, as other companies such as SunPower and Geostellar have invested in patents directed to solar energy metering and an online solar energy marketplace.


Relevant Patent Documents

Application US20150339762  

Application US20160350778  

Application US20170030950  

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