Alliance DAO founder: Cryptographic technology may help VPPs achieve breakthrough development, already supporting DePIN projects such as Starpower.
Powered by ChatGPTTechFlow reports that Alliance DAO founder and core contributor Qiao Wang has published an article titled "Decentralized Energy: Crypto-Enabled Virtual Power Plants," exploring the development prospects of Virtual Power Plants (VPPs) and the potential role of cryptographic technology.
The article points out that VPPs can flexibly manage to meet grid demands by aggregating and coordinating small energy resources from homes and businesses, such as thermostats, electric vehicles, and solar panels.
The U.S. Department of Energy estimates a peak supply-demand gap of about 200GW from 2023 to 2030, with 50-100GW potentially resolved through VPPs.
China's "14th Five-Year Plan" also proposes that by 2030, demand-side response capabilities should reach 5%-6% of peak load, approximately 100GW.
Qiao Wang believes that cryptographic technology can help VPPs reach critical mass faster and accelerate network effects. He views VPPs as an energy market, where the suppliers are households and their energy devices, and the demand side is the grid.
The article also mentions that Alliance has funded several crypto x energy startups. The latest is Starpower, a decentralized physical infrastructure network (DePIN) for VPPs, which has sold 20 thousand smart home energy devices.