PG Launches SHARE Initiative to Create Virtual Power Plant Using 21,000 Home Devices
Pacific Gas and Electric Company (PG&E) is implementing a new initiative called SHARE (Smart Home Assets for Reliability and Efficiency) to establish a 'virtual power plant' in California. This program aims to integrate approximately 21,000 existing flexible energy devices, such as home batteries, smart thermostats, and heat pumps, to support the electrical grid during periods of peak demand. PG&E is collaborating with several partners, including Rewiring America, Google, Carrier, Tesla, Sunrun, Renew Home, Demand Side Analytics, and encoord, to facilitate this effort. The goal is to alleviate strain on the grid in Bay Area communities, help households manage energy costs, and optimize the use of their home technology. The program is designed to link these smaller devices, allowing them to function collectively as a larger energy resource. This approach enables utilities to reduce grid strain by shifting electricity usage or drawing on stored energy during high-demand hours, rather than solely relying on n...