BP acquires virtual power plant company

BP has announced its purchase of US tech player Blueprint Power, as the multinational seeks to expand its decarbonisation portfolio by developing its virtual power plant experience.

BP acquires virtual power plant company BP acquires virtual power plant company BP acquires virtual power plant company BP acquires virtual power plant company BP acquires virtual power plant company

A visual representation of computer program code

 

A VPP is effectively a software solution tied into electricity grids where power from rooftop solar and small-scale utilities, alongside grid-scale projects, is digitally managed by