Virtual power plant participation models: Examining consumer choice in an evolving landscape

/Virtual power plant participation models: Examining consumer choice in an evolving landscape
  • Day:

    02 April
  • Start Time:

    3.30 pm - 4.45 pm
  • Stream:

    Smart Energy Solutions

Virtual power plants programs will be the main avenue for households/businesses to participate proactively in the future grid and energy markets.

 

At present, however, VPP participation options are limited in number, with many households having none, depending on their state of residence and the equipment they own.

 

Furthermore, most of these programs have a strong focus on batteries, even though there is considerable opportunity for other types of distributed resources – including loads – to be deployed as part of VPPs.

 

This presentation will examine the possible parameters for VPP participation, including:

 

-The type of services provided by participants (e.g. localised network services, energy market supply & demand response, or FCAS);

 

-The roles for networks and retailers and others, and how this affects consumers; and

 

-The equipment options for participation (e.g. batteries, PV inverters and DREDs), including how vendor choice (or the presence of equipment from multiple vendors) may affect participation options.

 

It will also provide a framework for households and businesses to aid understanding and support them to evaluate their current and potential future VPP participation options.