GOOGLE FUNDS A 1GW VIRTUAL POWER PLANT WITH VOLTUS ON THE PJM GRID

What happened: Google will fund a 1 gigawatt virtual power plant run by Voltus on the PJM grid to supply capacity for its operations there, expanding their June agreement. Key numbers: The deal adds 1,070 megawatts to the 100 megawatts agreed in June. PJM serves 67 million customers across 13 states and DC. Why it matters: The companies called the new capacity one of the largest known distributed portfolios a hyperscaler has deployed. Google's Ellen Zuckerman said buying capacity this way supports regional reliability and brings money to local communities.

Google will fund a 1 gigawatt virtual power plant run by Voltus on the PJM grid to supply capacity for its operations there, expanding their June agreement.

The companies called the new capacity one of the largest known distributed portfolios a hyperscaler has deployed. Google's Ellen Zuckerman said buying capacity this way supports regional reliability and brings money to local communities.