Guangzhou City releases implementation plan for high-quality development of virtual power plants.

On August 12th, the Guangzhou Municipal Bureau of Industry and Information Technology issued a notice on the implementation plan for the high-quality development of virtual power plants in Guangzhou. The plan proposes that by the end of 2025, the capacity of virtual power plants will reach 2 million kilowatts, with a regulation capacity of 800,000 kilowatts; by the end of 2026, the capacity will reach 4 million kilowatts, with a regulation capacity of 1.2 million kilowatts; by the end of 2027, the access of resources such as distributed photovoltaics above 10 kilovolts, user-side energy storage, and charging facilities will be achieved, with a capacity of 5 million kilowatts and a regulation capacity of 1.5 million kilowatts. The plan also proposes that the municipal finance will allocate no more than 10 million yuan annually to provide subsidies to municipal virtual power plant applications.