Hey NYSportsguy.
The solution to Einsteins equations require a 'fudge' factor to account for the current expansion of the universe. This is the cosmological constant \Lambda. We do not really know 'what' \Lambda is, merely that it is required to fit theory with observation.
A number of theories exist as to the fundamental physical nature of \Lambda. One model is that it is the quantum vacuum energy as you mentioned. Here's the main idea. Forget everything you think you know about what an atom is, or an electron, or light or anything like that. In the language of Quantum Field Theory (QFT), one of the most successful theories of physics, ALL matter and energy is fundamentally an excitation of a quantum field which is modeled as a HARMONIC OSCILLATOR. The harmonic oscillator is ubiquitous, ie it exists at all points in space. According to quantum mechanics no oscillator can be at rest due to the Heisenberg Uncertainty Principle. This implies that all the oscillator's in the universe are vibrating with some 'zero point' energy with a potentially infinite number of degrees of freedom (meaning each oscillator can vibrate at frequencies ranging from zero to infinity). When you calculate the energy of these vibrations one acquires the so called 'vacuum energy'.
To avoid infinite answers one usually applies some cutoff to the energy integral - around 100 GeV which is an expression of our 'faith' in QFT up to this energy. Even after applying this cutoff one obtains a vacuum energy around 10^{120} larger than the experimentally 'measured' value of the Cosmological constant \Lambda. This is a problem... : ) . It has been called the worst prediction of theoretical physics.
There are ways to tackle this but this is probably too much detail already. Hope this helps!
