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latest release Virtual Power Plants: Comparison of Market-Driven and Government-Led Mechanisms NO. 001 Virtual Power Plants: Comparison of Market-Driven and Government-Led Mechanisms TAEDT｜Series 001 This monograph aims to conduct an in-depth analysis of the operational models, performance, and development potential of Virtual Power Plants (VPPs) under different electricity market structures. The central argument of this monograph is that the full potential of VPPs—as drivers of market efficiency, catalysts for renewable energy integration, and creators of economic value—is fundamentally unlocked in competitive and liberalized electricity markets. In contrast, state-led and non-liberalized models (such as Taiwan's current situation), while capable of addressing immediate grid stability needs, restrict VPPs to the role of single-service contract providers, thereby hindering technological innovation and systemic economic benefits. read more

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