4. Virtual Power Plants from Solar & Wind!

If You [Individual, Household or Enterprise] Generate more Energy than You Need, a new Phase in Power Generation and Distribution Can Pay You Money..

Community Virtual Power Plants (VPPs) are Solar or other AE Systems linked to the Grid, on demand, with VPP software, providing a new Generation and Distribution method for energy-intensive individuals and businesses. The VPP software tells Storage Batteries to transfer energy to the Grid whenever the Grid needs extra Power. Owners of Storage Systems Can Earn for what they add, at Completive Rates.

Solar-Based Virtual Power Plants (VPPs)

Market Potential:

The global VPP market is projected to reach USD 23.4 billion by 2028 [4]. VPPs aggregate distributed solar energy sources from homes and businesses, creating a decentralized and reliable energy grid.

Environmental Benefits:

VPPs promote clean energy adoption by increasing solar power penetration, reducing reliance on fossil fuels and greenhouse gas emissions.

Financial Merits:

Investing in VPPs offers potential returns through:
Selling aggregated solar power to the grid at competitive rates
Participating in energy markets and providing ancillary services
Earning carbon credits for promoting clean energy solutions

A few Basics can get you started toward adding the excess energy you create with your own devices to the grid, provided you live in a Nation without an energy monopoly and is fairly liberal toward a Market Economy.

• Residential Solar System:
  • Install Solar Panels (or Wind Turbines) to generate electricity from Sunlight / Wind and connect them to a Storage System.
• Home Energy Storage:
  • Purchase a home battery system, like a lithium-ion battery, to store excess energy.
  • During peak demand, your stored energy can be sold to the grid through the VPP.
• Smart Home Automation:
  • Utilize smart home devices to enhance energy efficiency E.g. Smart thermostats can adjust heating and cooling in real-time to optimize energy use.
• Enroll in Demand Response Programs:
  • Join a Voluntary Power Purchase (VPP) plan to contribute clean energy to the Grid and get paid.
  • Many utilities implement demand response programs to help save energy.
  • Participating in the VPP program may require you to reduce your electricity usage as per the Operator’s request, in exchange for financial benefits.
• Join a Community Solar Program:
  • If Solar Panels or Turbines aren’t feasible, consider exploring Community Solar Programs.
  • Such programs help individuals to collectively invest in Alternate Energy Systems and sell generated energy to the VPP plan.

Tech. To Reduce Power Bills

Adds Benefits to All Participants, Home, Businesses, Country & Planet.

• Cost Savings:
  • Participating in a VPP can notably lower your Electricity Cost.
  • Sell excess energy to the grid in a demand response program for financial gains.
• Environmental Impact:
  • Supporting a VPP causes to directly promote renewable energy
  • You get actively involved in reducing greenhouse gas and climate change.
• Energy Independence:
  • Using renewable energy sources gives you   greater energy independence
  • Your home battery   serves as a backup source   during grid outages or overloads.
• Community Engagement:
  • Participating in VPP programs nurture a sense of community
  • It connects individuals with similar interests who love a sustainable future.

Individual actions collectively contribute to the success of Voluntary Power Purchases (VPPs) and the transition to a cleaner, more resilient energy system.

IF You Seriously Consider VPPs – Read these Valuable Articles

• https://www.linkedin.com/pulse/read-smart-grid-why-mary-scott-nabers
• https://www.linkedin.com/pulse/future-living-electric-part-3the-evolution-fromrate-payers-matweew
• https://www.energymatters.com.au/residential-solar/battery-systems/
• https://shinehub.com.au/virtual-power-plant/
• Video; Unlocking the Value of Virtual Power Plants

Begin Building Your Own Virtual Power Plant!