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Voltus Registers First Resource Under NYISO’s Distributed Energy Resource Participation Model

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Voltus Registers First Resource Under NYISO’s Distributed Energy Resource Participation Model - GlobeNewswire

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Voltus completes integration and submits DER Participation Model registrations in National Grid’s territoryNEW YORK, March 31, 2025 (GLOBE NEWSWIRE) -- Voltus, Inc.(Voltus), the leading distributed energy resource (DER) platform and virtual power plant (VPP) operator, announced today that it has completed an integration with National Grid and submitted registrations to the New York Independent System Operator (NYISO) for participation in the new Distributed Energy Resource Participation Model (DER Participation Model.) This new model aims to support NYISO’s energy transition by better incentivizing customers to provide balancing resources to the electric grid.

"We have complete confidence in Voltus to guide us through new opportunities like the DER Participation Model, driving Lake Mariner’s continued success within the NYISO.” In the next few months, Voltus expects to complete integrations with additional Transmission Owners, including ConEdison, Orange & Rockland, NYPA, NYSEG and Rochester Gas & Electric.

"With the DER model, Voltus can unlock brand-new revenue streams for energy storage and flexible loads, while bringing more dollars per megawatt to customers who already participate in demand response programs,” explains Neil Lakin, Voltus CTO and Co-founder.

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Article Details

Author / Journalist: Voltus, Inc.

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-31 @ 12:10:00 (4 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 409 words

Reading Time: 3 minutes read

Sentences: 9 lines

Sentence Length: 46 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 27475601

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Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 26 posts per day

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News Last Updated: 8 hours ago

Coverage Areas: China

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Publisher ID: #116

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