Virtual Power Plants Represent an ‘Internet of Energy’

The virtual power plant (VPP) market is expected to grow from $1 billion in 2014 to more than $5.3 billion in 2023, according to the report, “Virtual Power Plants Demand Response, Supply-Side, and Mixed Asset VPPs: Global Market Analysis and Forecasts.” Published earlier this month … Read more…

Toshiba Acquires cyberGRID; Cisco Closes JouleX Deal

Toshiba Acquires cyberGRID; Cisco Closes JouleX Deal

Toshiba Corporation has acquired a 76 percent interest in cyberGRID, an Austrian developer and provider of energy management software. The purchase makes cyberGRID a Toshiba subsidiary. Toshiba has made the development of its smart community business an important strategy. The company has made a series … Read more…

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