Core Insights - Shenzhen's virtual power plant has achieved a controllable capacity of 1.3 million kilowatts, the highest in the country, exceeding the target of 1 million kilowatts set for 2025 [2][5] Group 1: Virtual Power Plant Capacity and Impact - The controllable capacity of Shenzhen's virtual power plant accounts for over 5.4% of the city's maximum grid load, enabling significant peak shaving capabilities during high electricity demand periods [2] - The capacity is equivalent to providing electricity for approximately 870,000 households during summer peak times, assuming each household operates two 1-horsepower air conditioners simultaneously [2] Group 2: Policy and Industry Development - Shenzhen has established a comprehensive framework of new policies, technologies, standards, industries, and models, referred to as the "five new" demonstration [2] - The first national policy document specifically for virtual power plants was released in March, providing a strong impetus for the development of virtual power plants in China [2] - Shenzhen has formed the first local virtual power plant standards committee in the country, continuously improving the standard system covering management and technology [2] Group 3: Technological Advancements and Economic Benefits - The number of virtual power plant operators in Shenzhen has exceeded 60, with these operators accounting for 70% of the first batch of operators announced in the southern regional electricity market [5] - Technologies such as blockchain and artificial intelligence have enhanced the operational efficiency and environmental sustainability of Shenzhen's virtual power plants [5] - Since 2023, Shenzhen's virtual power plants have conducted over 150 load adjustments, the highest frequency in the country, resulting in a 20% reduction in overload rates during peak load periods and generating direct economic benefits exceeding 200 million yuan [5] Group 4: Future Plans and Initiatives - Shenzhen aims to expand resource access and enhance the market mechanism design for virtual power plants, promoting the transformation of virtual power plant achievements [5]