Toshiba has used AI and IoT technology to develop a virtual power plant ( VPP ) before what it expects will be the creation of a new VPP ##P in 2020 . The VPP will allow small , remote power generation points to be managed and used for load - levelling purposes , which will store excess energy from renewables and renewable energy during periods of high demand . Toshiba said that multiple small - scale power generation plants could potentially be based in offices , factories , homes and EVs .
Toshiba has used AI and IoT technology to develop a virtual power plant (VPP) before what it predicts will be the creation of a new VPP market in 2021. The VPP will enable small, remote power generation points to be managed and used for load-levelling purposes, which will store excess power from renewables and deliver energy during periods of high demand. Toshiba said that multiple small-scale power generation facilities could potentially be based in offices, factories, homes and EVs.