Utility Dive: New Mexico VPP Bill Would Allow Third-party Aggregators to Participate

Utility Dive reports on the New Mexico Grid Reliability through Integrated DERs (GRID) Act, which would require the state’s three investor-owned utilities to set up virtual power plant (VPP) programs to offset at least 15% of peak demand. United’s Michael Barrio stated that the bill would reduce retail energy costs through more efficient use of existing resources, highlighting the benefits of VPPs in supporting energy affordability and increasing grid resilience.