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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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DSF 101: Introducing Demand-Side Flexibility
In this explainer video, we delve into the concept of DSF, showcasing its potential to revolutionise our energy systems by enabling consumers to dynamically adjust their energy use in response to external signals.
Electric-vehicle virtual power plant scales up in UK with funding
The UK’s first electrically-chargeable vehicle (EV) virtual power plant (VPP), run by ev.energy, has been awarded an additional £295,000 (€352,000) in funding, taking its total finance pot to £754,000. Provided by Innovate UK, the money will be used to scale the VPP, which will help stabilise the country’s power grid as electromobility accelerates.
In-depth: How a smart flexible grid could save the UK £40bn
A smart, flexible electricity grid could help the UK cut carbon more cheaply, saving up to £40bn between now and 2050.