Virtual power plant

Spruce Power Partners with sonnen to Offer Energy Storage Upgrades, Develop Virtual Power Plants

Thursday, April 8, 2021 - 4:00pm

Just weeks after announcing the company's expansion into integrated smart energy systems , the partnership sparks confidence in Spruce's move into home power solutions.

Key Points: 
  • Just weeks after announcing the company's expansion into integrated smart energy systems , the partnership sparks confidence in Spruce's move into home power solutions.
  • "Spruce is partnering with sonnen to show how individual smart home energy systems and virtual power plants of networked, smart home energy systems can provide support to the local grid," said Christian Fong, CEO of Spruce Power.
  • sonnen Group is one of the world's leading manufacturers of smart energy storage systems and a pioneer of clean, decentralized and networked energy system technologies.
  • With its virtual battery, which consists of digitally networked home storage systems, sonnen offers new and highly innovative energy services for network operators and customers.

Fujitsu, AutoGrid to Boost Renewable Energy Use in Japan Towards Realization of Decarbonized Society with Virtual Power Plant Solution

Tuesday, April 6, 2021 - 2:15am

Fujitsu will leverage the solution to maximize the use of distributed energy resources (2) in the domestic energy market and contribute to the expansion of renewable energy and the realization of a decarbonized society.

Key Points: 
  • Fujitsu will leverage the solution to maximize the use of distributed energy resources (2) in the domestic energy market and contribute to the expansion of renewable energy and the realization of a decarbonized society.
  • Based on the agreement, Fujitsu will begin selling the VPP solution AutoGrid FlexTM in the Japanese market as an AutoGrid partner.
  • AutoGrid FlexTM enables the optimization of energy operations and the control and management of distributed energy resources.
  • By providing this solution to energy providers and aggregators (3), Fujitsu will contribute to the realization of next-generation energy platform to maximize the use of renewable energy sources, such as solar power, and distributed energy resources, such as storage batteries.

Global $5.6 Billion Virtual Power Plant Market, Competition, Forecast & Opportunities, 2020-2025

Tuesday, March 23, 2021 - 11:00am

The Global Virtual Power Plant Market can be segmented based on component, technology, source, end-user and region.

Key Points: 
  • The Global Virtual Power Plant Market can be segmented based on component, technology, source, end-user and region.
  • Demand response segment currently holds the largest share and is expected to hold its dominance in the virtual power plant market during the forecast period.
  • The increasing share of renewables in the power generation mix will positively impact the Global Virtual Power Plant Market.
  • In terms of end-user, the Global Virtual Power Plant Market is segmented into residential, commercial & industrial.

Swell Energy Launches Virtual Power Plant in Queens, NY

Tuesday, March 16, 2021 - 12:00pm

Energy and smart grid solutions provider Swell Energy (Swell) today announced the start of a residential solar plus storage program for homeowners in Queens, New York.

Key Points: 
  • Energy and smart grid solutions provider Swell Energy (Swell) today announced the start of a residential solar plus storage program for homeowners in Queens, New York.
  • New York State is targeting 3,000 megawatts (MW) of installed energy storage capacity by 2030 and a zero-emissions electricity sector by 2040.
  • This is a unique opportunity to collaborate with Con Edison to make our vision of Swells NYC Virtual Power Plant a reality for New Yorkers, said Suleman Khan, CEO of Swell Energy.
  • By creating a critical mass of dynamic and responsive clean energy resources within utility service areas across the United States, Swell Energy is also delivering resilient virtual power plant networks and grid-balancing services to utilities, which are fundamental to our future, carbon-free, distributed renewable energy system.

Sunverge Distributed Energy Resource Control, Orchestration and Aggregation Platform Supports Panasonic EverVolt™ Residential Battery Storage System

Tuesday, March 2, 2021 - 2:00pm

Sunverge , the provider of an industry-leading real-time Distributed Energy Resource (DER) control and aggregation platform, today announced that the Sunverge Energy Platform and the Sunverge Infinity intelligent edge controller are now fully integrated with EverVolt, the residential energy storage system (ESS) from leading technologies and solutions developer Panasonic.

Key Points: 
  • Sunverge , the provider of an industry-leading real-time Distributed Energy Resource (DER) control and aggregation platform, today announced that the Sunverge Energy Platform and the Sunverge Infinity intelligent edge controller are now fully integrated with EverVolt, the residential energy storage system (ESS) from leading technologies and solutions developer Panasonic.
  • All of Sunverges advanced platform features are now supported and running with the Panasonic EverVolt Energy Storage System.
  • Through this integration, Sunverge expands its platform footprint, enabling co-optimization and aggregation of consumer services, grid services and ancillary market services.
  • Sunverges integration with EverVolt battery storage creates a flexible energy management system that benefits both homeowners and utilities.

AutoGrid Deploys AutoGrid Flex for Total’s Largest Battery-Based Energy Storage Project in France

Tuesday, February 23, 2021 - 2:00pm

AutoGrid, the market leader in AI-powered flexibility management software for the energy industry, deploys award-winning AutoGrid Flex Virtual Power Plant (VPP) platform to provide frequency regulation capabilities to Total SE for its largest battery-based energy storage project in France, a 25MW/25MWh lithium-ion system at the Flandres Center in Dunkirks port district.

Key Points: 
  • AutoGrid, the market leader in AI-powered flexibility management software for the energy industry, deploys award-winning AutoGrid Flex Virtual Power Plant (VPP) platform to provide frequency regulation capabilities to Total SE for its largest battery-based energy storage project in France, a 25MW/25MWh lithium-ion system at the Flandres Center in Dunkirks port district.
  • AutoGrid Flex controls the projects end-to-end market reserve purchasing from Reseau Transport Electricit (RTE), the electricity transmission system operator of France.
  • Currently in operation, the 15 million system is based on Safts Intensium Max 20 High Energy solution with 11 integrated 2.3 MWh containers.
  • Working with an energy major like Total, provides significant thrust to our efforts of accelerating the deployment of storage and renewable energy across the globe.

Hawaiian Electric and Open Access Technology International, Inc. Expand Paradigm-Shifting Grid Services Project

Friday, February 19, 2021 - 8:30pm

MINNEAPOLIS, Feb. 19, 2021 /PRNewswire-PRWeb/ -- Open Access Technology International, Inc. (OATI) is pleased to announce the Hawaii Public Utilities Commission has approved the second Grid Services Purchase Agreement ("GSPA") with Hawaiian Electric.

Key Points: 
  • MINNEAPOLIS, Feb. 19, 2021 /PRNewswire-PRWeb/ -- Open Access Technology International, Inc. (OATI) is pleased to announce the Hawaii Public Utilities Commission has approved the second Grid Services Purchase Agreement ("GSPA") with Hawaiian Electric.
  • With this agreement, GSPA, OATI will continue to expand the provision of grid services to Hawaiian Electric.
  • OATI and its Energy Alliance members will work cooperatively with Hawaiian Electric to subscribe customers to this program who will receive incentives from Hawaiian Electric for their participation.
  • The OATI cloud-based system will manage the delivery of the grid services from DER-based virtual power plants (VPPs) to assure even greater reliability on Hawaiian Electric's island grids and savings to Hawaiian Electric customers.

Hawaii PUC Approves Swell Energy’s Grid Services Contract with Hawaiian Electric

Monday, January 18, 2021 - 1:00pm

Swell Energy, Inc. today announced that the Hawaii Public Utilities Commission (PUC) has approved its $25 million contract with Hawaiian Electric for the delivery of various grid services through an aggregated virtual power plant (VPP) on three islands.

Key Points: 
  • Swell Energy, Inc. today announced that the Hawaii Public Utilities Commission (PUC) has approved its $25 million contract with Hawaiian Electric for the delivery of various grid services through an aggregated virtual power plant (VPP) on three islands.
  • The contract was awarded in response to Hawaiian Electrics request for dispatchable energy storage and renewable generation through distributed energy resources along with capacity and ancillary services to ensure adequate supply and power system reliability across the Hawaiian Electric service territory.
  • Hawaiian Electric serves 95 percent of the states 1.4 million residents on Oahu, Maui, Hawaii Island, Lanai and Molokai.
  • Hawaiian Electric is committed to empowering its customers and communities with affordable, reliable, clean energy and achieving a 100 percent renewable energy future for Hawaii.

North America Virtual Power Plant Market to 2028 - Featuring ABB, General Electric and Robert Bosch Among Others - ResearchAndMarkets.com

Thursday, January 14, 2021 - 3:59pm

The "North America Virtual Power Plant Market 2019-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "North America Virtual Power Plant Market 2019-2028" report has been added to ResearchAndMarkets.com's offering.
  • This report implies the North America virtual power plant market to surge at a CAGR of 22.15% in the considered years 2019-2028.
  • The increase in the use of distributed energy resources into the market enhances the implementation of virtual power plants in numerous parts of the country.
  • Additionally, the government grants given to lift the production levels of renewable energy aid the growth of the virtual power plant market.

AutoGrid Awarded $2.25 Million from ARPA-E for Expanding VPP Co-Optimization and Electric Vehicle Management Capabilities

Thursday, January 14, 2021 - 2:00pm

AutoGrid, the market leader in AI-powered flexibility management software for the energy industry, today announced that it was awarded $2.25 million in funding from the U.S. Department of Energys Advanced Research Projects Agency-Energy (ARPA-E).

Key Points: 
  • AutoGrid, the market leader in AI-powered flexibility management software for the energy industry, today announced that it was awarded $2.25 million in funding from the U.S. Department of Energys Advanced Research Projects Agency-Energy (ARPA-E).
  • The funding will be used to significantly increase the scalability and electric vehicle (EV) management capabilities of AutoGrids award-winning, artificial intelligence-powered Flex Virtual Power Plant (VPP) platform.
  • The expanded Flex capabilities include scaling real-time co-optimization up to 100,000 assets, and expanding the platforms features and functionality for EV fleet management.
  • This is the second time AutoGrid has received ARPA-E support, having previously been awarded $3.5 million by the offices Green Electricity Network Integration (GENI) program in 2012.