According to WuShuo, Qiao Wang, founder of Alliance DAO, published an article exploring the development prospects of virtual power plants (VPPs) and the potential role of encryption technology. VPPs aggregate and coordinate small energy resources of homes and businesses, which can be flexibly managed to meet the needs of the power grid.
Qiao Wang believes that encryption technology can help VPPs reach critical mass faster and accelerate network effects. He sees VPPs as energy markets, where the supply side is households and their energy devices, and the demand side is the power grid.
The article also mentioned that Alliance has funded several crypto x energy startups. The latest one is Starpower, a decentralized physical infrastructure network (DePIN) for VPPs, which has sold 20,000 smart home energy devices.