Seoul City Expands Virtual Power Plants That Can Sell Saved Electricity for Profit

SEOUL, May 30 (Korea Bizwire) — The Seoul Metropolitan Government (SMG) announced on Wednesday that it will be installing additional virtual power plants (VPP), facilities that can generate income by selling the amount of electricity saved, in small to medium-sized buildings throughout all 25 districts. The city plans to expand the plants’ generation capacity to [...]