In The News
In the face of renewables’ intermittency issues, which result in fossil fuels remaining a prominent power source, virtual power plants, might provide the answer we’ve been looking for.
Yoram Ashery, Smart Energy International / Chief Executive Officer
25 Aug 2023
VPPs have been around for the better part of 40 years. They give the ability to harness sustainable energy by bringing together multiple energy sources, also referred to as Distributed Energy Resources (DERs), such as solar panels, electric batteries, and wind turbines.
The VPP then forms a system based on supply and demand that can be controlled according to the current grid needs so that it can avoid consuming power when it’s expensive and limited to consuming power when it’s cheap and abundant, all the way to providing power back to the grid when supply is limited – all in the hope of reducing the grid’s reliance on fossil fuels.
In our ‘smart’ age, the new generation of VPPs present a far more efficient way of using renewable energy. Today’s VPPs live up to their promise by eliminating integrating more resources into the grid, leveraging its flexibility, and enabling greater share of renewable energy sources thus optimizing the grid’s capacity so it can do more with less. Read more