Nils Quak: What kind of advantages are you expecting?
J-Ho LEE: We believe that Haezoom’s technology coupled with Next Kraftwerke’s experience and technological prowess shall materialize into the foremost VPP technology in Korea. This will allow Haezoom to be a pioneer in the yet to be developed electricity aggregator market.
Nils Quak: What was the process of starting a VPP like? How is the market in Korea evolving?
J-Ho LEE: As discussed during the kick-off session, Korea’s energy market is not yet liberalized, and extensive regulations are still in place. In December 2018, the “Small-scale Electricity Aggregator Programme” was introduced, and this can be seen as the early stages of a VPP market. To develop and vitalize the new market, 18 aggregators came together under Haezoom’s initiative to form the Council of Electricity Aggregators on 30 April 2019, of which Haezoom holds the chair. The Council is planning to recommend new policies in order to progress the market.
Nils Quak: What are your next steps / plans for the future?
J-Ho LEE: Haezoom desires to proceed with a R&D project with Next Kraftwerke. This would involve testing European VPP cases in Korea and utilizing the outcomes to further develop the Electricity Aggregator Programme.
Nils Quak: Felix, do you want to add anything? How’s setting up a VPP from a provider’s perspective?
Felix Jedamzik: Setting up a VPP always is an individual task since requirements vary from country to country and between the different use cases. As much as we are confident of setting up a VPP according to our customer’s needs, every new installation also brings us new knowledge about various intricate details we can then incorporate in our toolbox for setting up VPPs. It also helps us understand the individual power markets in different countries on a much finer level.
All about our Products and Services
With the rise of renewables all over the world, we are facing a gigantic transformation of the global energy system. The Virtual Power Plant answers the demands of the decentralized energy world and opens up new business prospects for its participants and, of course, RES aggregators. We help you utilize them in the best possible way.