Connecting Federal Funders, Developers, and Communities through Virtual Power Plants
In April 2024, the California Strategic Growth Council (SGC) entered an agreement with King Energy to leverage federal funding through the U.S. Department of Energy Loan Programs Office to implement Distributed Energy Resources (DERs) as Virtual Power Plants (VPPs) at sites and facilities supported by SGC-member programs. Through this effort, SGC seeks to enhance site- and grid-level energy resilience while extending benefits such as reduced energy costs and rental income to participating entities and their communities. In this session, the SGC and its implementing partners will provide an applied overview of its effort to connect communities to federal funding opportunities through virtual power plants. An opening presentation will focus on specific strategies SGC and its partners have employed to access and utilize federal funding opportunities for community benefit. In the breakout discussion, participants will share project proposals and engage in cross-sectoral dialog to identify funding and project deployment opportunities.
- Yakov Feygin | Director of Public Finance, Center for Public Enterprise
- Jared Genova| Senior Planner, Civix
- Jared Snelson | Enterprise Account Executive, King Energy
- Moderator: Sean Kennedy | Deputy Director of Energy Investments, Strategic Growth Council