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What is a virtual power plant?
A virtual power plant is a network of energy devices, like rooftop solar, batteries and EVs, that are pooled together to serve the grid. With participants approval the devices can be called on by system operators to share, reduce and store electricity. VPPs are capital and cost-efficient choice for utilities, creating new revenue streams that also benefit consumers, while reducing the overall cost of the electricity system.
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VIRTUAL POWER PLANTS POTENTIAL BENEFITS FOR NIGERIA
Nigeria’s electricity demand has surpassed 40 TWh, yet 39% of the population remains without reliable power. As the country seeks sustainable solutions, Virtual Power Plants (VPPs) offer a promising way to stabilize the grid by integrating Distributed Energy Resources (DERs) like solar, wind, and energy storage. A new report, funded by The African Climate Foundation, explores Nigeria’s readiness for VPPs and their potential to transform the energy sector.
VPP Readiness Index
Integrate to Zero (I2Z) and Blunomy designed a Virtual Power Plant (VPP) Readiness Index to assess a country’s readiness for large-scale VPP deployment based on its technical, regulatory and commercial characteristics.
Solar households in virtual power plants a part of 'Australia's electricity future'
Australian households equipped with solar panels are increasingly contributing their surplus energy to Virtual Power Plants (VPPs), enhancing grid stability and efficiency. By integrating these decentralised energy sources, VPPs optimise electricity distribution and bolster the nation’s renewable energy infrastructure.
Solar Asset Mapper
Solar Asset Mapper's (TZ-SAM) algorithms use satellite data to detect small, commercial solar facilities globally. Updated quarterly, the dataset contains over 23,000 km² of solar across 190 countries with a combined, total estimated capacity of 922 GW.
2024 Market Monitor for Demand Side Flexibility
The 2024 Market Monitor for demand-side flexibility (DSF) is a report of smartEn in collaboration with LCP Delta. This flagship publication provides a high-level summary of demand-side flexibility (DSF) participation across 30 European markets, benchmarking their progress in enabling flexible demand in a market-based way.
Heads Explode As Virtual Power Plants Meet Self-Defending Grids
Virtual power plants are spreading across the US, enabling more electricity ratepayers to save money on their utility bills while motivating a shift away from gas appliances. Apparently President Trump hasn’t figured out a way to squash them, but give him a chance. He’ll figure it out. In the meantime, an interesting twist has bubbled up in the form of a new grid concept that launches itself into defensive mode when danger threatens, fending off cyberattacks, natural disasters, and other potential disruptions.
Bidirectional charging EV batteries could help EU save over $23 billion a year
Storing renewable energy in electric vehicle batteries (EVs) instead of stationary energy storage facilities could help the European Union save over 106.5 billion dollars (100 billion euros) over ten years, according to a European Federation for Transport and Environment (T&E) study. If the intricacies are worked out, EVs could become the fourth-largest electricity supplier in the EU by 2040.
Rooftop Solar & Virtual Power Plants Take Center Stage As Oil & Gas Wilt
With the addition of energy storage, solar-enabled ratepayers can power their way through an emergency individually with clean kilowatts, and they can also lend a hand collectively by enrolling in a virtual power plant.
Smart grid firm lands $86 million to develop VPPs and help customers load match renewables
Irish-based smart grid technology company GridBeyond says it has raised €52.25 million ($A86 million) in a new funding round that will help it expand its virtual power plant business, including in Australia, and help customers match load with green energy output.
Rooftop solar Distributed Power Plants: A better way to generate electricity
Connecting a large amount of solar and battery systems together is called a Distributed Power Plant (DPP for short. It’s also called a Virtual Power Plant). You can think of this as a power plant that is in many places at once. Below we’ll explain why they’re needed, how they work, and action you can take to bring them to your community.
AutoGrid’s Turnkey VPP Solution: End-to-End DER Delivery for a Decarbonized World
For utilities and other power providers without the time and resources to build or buy software and develop multi-asset VPPs on their own, AutoGrid’s turnkey VPP offering is a game-changing option.
Virtual Power Plants, Purpose-built for Australia
In the dynamic Australian energy market, VPPs are playing a pivotal role in unlocking new revenue streams while providing grid support by balancing supply and demand.
Multi-objective economic operation of smart distribution network with renewable-flexible virtual power plants considering voltage security index
This paper discusses the simultaneous management of active and reactive power of a flexible renewable energy-based virtual power plant placed in a smart distribution system, based on the economic, operational, and voltage security objectives of the distribution system operator.
For the grid! Utah storage company’s new feature promises resilience through microgrids
A Utah storage company is on the cutting edge of utilizing distributed energy to strengthen the power grid, and today they’re taking another step forward.
Origin’s virtual power plant now as big as a coal power station
Origin Energy has claimed bragging rights over rival AGL for the largest virtual power plant in Australia – and perhaps the world – as it outlines the strategies it is deploying to manage the rising shares of intermittent wind and solar energy in the grid.
Are Virtual Power Plants the Solution to the Grid’s Energy Crisis?
Virtual power plants have emerged as one of the leading solutions to decarbonizing the grid and meeting explosive demand for electricity. While they offer many potential benefits, not everyone is sold on the technology being the best path forward.
Zimbabwe needs new social contract for solar power rollout
THE Zimbabwean government is racing against time to meet the United Nations’ Sustainable Development Goal 7: affordable, reliable, sustainable and modern energy for all by 2030.
State Grid Jiangsu Electric Power builds municipal virtual power plant monitoring and management platform in Changzhou
Recently, State Grid Jiangsu Electric Power has developed the first municipal virtual power plant monitoring and management platform in Changzhou, East China's Jiangsu Province.
Sunrun partners with Tesla for virtual power plant in Texas
US solar power company Sunrun has announced it will expand its support for the energy grid in Texas in partnership with Tesla Electric, a subsidiary of Tesla.
DEWA completes its pilot Virtual Power Plant project, the first of its kind in the region
HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), announced the completion of DEWA’s pilot Virtual Power Plant (VPP) project, the first of its kind in the region.