@OpenVPP

Electric grid providers and operators can finally offer their end customer modernized experiences, in addition to offering gamified demand response programs. Increasing flexible capacity, customer engagement, and overall program retention by including a gamified view into local virtual power plants. Prosumers can then compete with their behind the meter assets such as EVs, smart thermostats, batteries and more to earn from the overall reward pot for the event holdings. Privacy first by design as participant premises are anonymized within a 5-10 mile radius in addition to their earnings represented by their wallet addresses. The fleet operator + consumer apps is currently being demonstrated to a handful of select global electric utilities, retail electric providers, and community choice aggregators via our IP license agreement with @GridRailsAi and will be publicly available shortly via our World dApp to all stakers and tokenized energy asset owners powering the OpenVPP network: 🌐 https://t.co/987HCOZB2B $OVPP The Internet of Energy.

https://t.co/QP3FLX8ncy

Set your reminders for Monday, June 22nd at 10am PST / 5pm UTC. We’ll be covering major announcements across the board. $OVPP The Internet of Energy. https://t.co/QP3FLX7Pn0

Smart thermostats were among the first residential and commercial demand response assets deployed at scale by grid providers, well before electric vehicles, rooftop solar, and energy storage systems became commercialized norms. HVAC (heating, ventiallting, and air conditioning) loads are a critical component of grid reliability, particularly during peak summer demand and extreme heat events. In fact, one of the biggest bottlenecks in demand response programs is customer participation --> electric providers today rely on SMS and email notifications, requiring customers to manually walk up to their thermostats and adjust make it hotter indoors on really hot days. Imagine if you're a real estate investor and manage multiple commercial businesses and/or properties. The emergence of smart thermostats such as Nest and Ecobee automated much of this process for enrolled participants, now tokenized via OVPP World ERC1155 Standard. 🌐 https://t.co/987HCOZB2B OpenVPP solves three critical challenges in program dispatch and customer engagement: 1) Users can connect multiple device classes across different OEMs through a single mobile first interface. 2) Participants can receive instant settlements in digital assets when program payout structures support real time rewards. 3) The customer experience becomes interactive and competitive. Participants can view their local Virtual Power Plants, track performance, and compete with other wallets for a share of event rewards. As billions of distributed energy resources come online, the future of grid participation will depend on seamless interoperability, automated dispatch, real time incentives, and engaging customer experiences. The goal is to transform every DER (distributed energy resource) in the world, into an active and agentic participant in electric & power markets. $OVPP The Internet of Energy.

2,000,000 Miles Driven $OVPP World. Excited to share that OpenVPP World’s Network of Tokenized EVs has surpassed over 2 Million Miles driven onchain. Early towards the journey in building the planet’s largest global virtual power plant. The Internet of Energy. https://t.co/AZ0QKsAe7g