For a couple of years now, the role of the Virtual Power Plant has been established in the energy industry. Today, it is pretty clear what a Virtual Power Plant is and why it makes sense to network, forecast, optimize, and dispatch a fleet of coordinated distributed energy resources (DER) such as wind, solar, bioenergy, hydropower, batteries, electrolyzers, and many more. But how do you make money with a Virtual Power Plant? What’s the business case of a VPP operator, or to use a synonym, of an aggregator?
Our blog series reports on the electricity markets of the world. Our next stop is Russia - Tobias Weghorn, International Business Development Manager at Next Kraftwerke, explored the country's VPP potential.
In the second part of our series, we will talk about different concepts for Virtual Power Plants on islands and island groups for providing a sustainable and secure power supply.
Somewhere in the big blue ocean, there lies an island that can serve as a blueprint for the approach to tackle the challenges of climate change with a self-sufficient supply through renewable energies.
Flexibility is the defining principle of tomorrow's electricity market: Helen Steiniger analyses the transition from inflexible concepts of the past to the dynamic electricity markets of the future.
In our future energy systems we will pretty often see times where, let’s say, a sudden storm front brings heaps of cheap and green and beautiful but, alas, in that particular time unneeded wind power into the system. And we will see times where the opposite happens: a sudden shortage of wind and solar power. What can we do about it?