At present, the Alpine Space is characterized rich endogenous renewable energy sources (RES) like hydropower, solar and wind energy, wood and other biomass. But equal access to their use is even more restricted because the use and the need to balance electricity production requires a strong electric grid and its – often unacceptable – extension or strengthening if the rate of RES is to be increased. Virtual Power Systems (VPS) offer an alternative by using ICT technology for intelligent combinations of RES, load management and storage. A prerequisite are innovative ways of cooperation among utilities, independent power producers and consumers. VPS have a high potential to trigger new knowledge-based and competitive economic activities. AlpEnergy will explore this potential and sensitize political and business decision makers.