Virtual Power Plant

virtual power plants

48.6% annual growth expected in global virtual power plants market

The global market revenue for virtual power plants will expand by 48.6% per annum between 2018 and 2028 - report
Japan autogrid

Japan developing world’s largest behind-the-meter VPP

Japan is developing the largest behind-the-meter virtual power plant in the world, in partnership with AI solutions company Autogrid.

DEWA announces first regional VPP system

Duba Electricity and Water Authority (DEWA) has partnered with Canadian smart grid solutions company Enbala to build the first Virtual Power Plant...
Virtual Power Plant UK

ARENA funds national rollout of VPP solution

Australia’s green bank, ARENA, has granted energy management software firm Greensync and the country’s national grid operator AU$12.5 million to develop virtual power plant projects, which can help balance the country’s grid as more renewables come on stream.
natural gas

The UK helps Tokyo respond to grid signals in under a...

Tokyo Electric Power (TEPCO) has partnered with Centrica Business Solutions to decarbonise the Japanese energy grid. TEPCO is using...
Powerley home energy

SCE’s virtual power plant breaks world records – $1 million in...

Southern California Edison’s (SCE) 2014 venture into virtual power plant (VPP) technology has yielded a new world record – delivering 2GWh of grid services, and saving customers over $1 million in savings, according to a press release.

ENGIE acquires Swiss startup to achieve energy transition goals

French multinational electric utility company ENGIE has acquired a Swiss-based smart home energy management solutions firm as part of efforts to achieve...
UK virtual power plant

Norwegian utility to double UK virtual capacity by summer

Statkraft’s virtual power plant (VPP) in the UK has reached a capacity of 1GW, and the state-owned Norwegian energy supplier intends doubling that capacity by summer.
Virtual Power Plant UK

Shell buys virtual power plant firm Limejump

Shell New Energies has continued its spending spree this week, with the acquisition of UK-based energy technology company Limejump.
energy efficiency

New package to help EDF customers save 50% in energy bills

EDF Energy has partnered with PowerVault to provide existing solar PV owners with advanced and cost-effective home battery systems. Consumers will receive discounts when they...

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