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Browsing the "grid services and virtual power plants" Tag

Battery Incentives Meet VPPs: The Next Step For Battery Attractiveness In Australia

August 1st, 2019 | by James Martin II

Enabling households to tap into battery value streams additional to the standard ‘solar self-consumption’ approach will be crucial in driving uptake by making batteries more attractive. These include hard, financial benefits like virtual power plant (VPP) participation revenues (for energy market participation as well as grid services) which help shorten payback periods, as well as non-financial benefits such as improved energy self-reliance and blackout protection



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