Many are asking – is joining a VPP is worth it?
Even though UNIfied Energy Services is not a utility or energy retailer, an increasing number of our solar customers are asking the question “What is a VPP?”
We are pleased to help, because we believe this is the next evolution of solar energy as we transition to a low-carbon future.
(link to video: Solar households in virtual power plants a part of ‘Australia’s electricity future’)
A Virtual Power Plant (VPP) is a system that allows multiple energy resources, such as solar panels, wind turbines, and battery storage, to be aggregated and managed as a single entity.
This aggregation enables utilities and energy service providers to balance energy supply and demand in real-time, resulting in a more efficient and reliable grid.
With the rise of rooftop solar systems, battery storage, and electric vehicles, VPPs allow households, businesses, and communities to generate, store, and consume their own electricity, while also providing more flexibility in how we use energy.
So how does a VPP work?
- Aggregation: The VPP system aggregates the energy production and storage capacity of individual distributed energy resources (DERs) into a single, controllable entity.
- Optimisation: The VPP system analyses real-time data on energy demand, pricing, and availability of DERs to optimise the dispatch of energy resources to meet demand at the lowest possible cost.
- Control: The VPP system uses advanced algorithms and state-of-the-art communication technologies to control the dispatch of energy resources and ensure that supply matches demand in real-time.
- Monitoring: The VPP system continuously monitors and tracks the performance of individual DERs, the overall VPP system, and the grid to ensure that it is operating efficiently and reliably.
- Revenue generation: The VPP system can also participate in energy markets, selling excess energy generated by DERs back to the grid or providing ancillary services such as frequency regulation or voltage support.
Overall, VPPs are designed to optimise the use of renewable energy resources, improve the efficiency and reliability of the grid, and provide economic benefits to both energy service providers and customers.
Why UNified?
At UNIfied, we are here to ensure your electrification journey is as efficient and seamless as possible. Get your FREE, NO-OBLIGATION quote for a tailored solar & battery solution so you can enjoy paying less for your electricity bills. And at the same time, find out how you can save more with upgrading your gas heating to a HVAC split system!
Contact UNIfied today or call 1300 817 847 to achieve greater savings in these precarious times, and start your journey of clean energy living!
