For the purposes of this analysis, Guidehouse defined a VPP as “A system that relies on software and a smart grid to remotely and automatically dispatch DER services to a distribution or wholesale market via an aggregation and optimisation platform.”
Centrica Business Solutions VPP capabilities enable our utility and aggregation customers’ Energy-as-a-Service offer through FlexPond, our industry-leading SaaS platform. Brecht Dierckx, Managing Head of VPP's and Energy Markets at Centrica Business Solutions said of the recognition, “I am excited to see that we have been named the leading VPP platform provider in a recent report from Guidehouse Insights. I am proud that we are supporting our customers and partners with cutting edge technology to enable the transition to a low-carbon future.”
Virtual Power Plants are facilitating the evolution of the energy grid from a centralised model, in which large central power plants generate energy and push it out, to a more localised grid, enabling renewable, local and on-site energy generation and storage. Digital management and automation of energy flexibility enables this to be balanced in an automated fashion benefiting energy consumers and the grid overall. One example is the work we’ve done to help TEPCO enable their consumers to use their energy flexibility.
VPPs aggregate different types of energy assets from hundreds of sites across hundreds of miles into one smart pool. The characteristics of individual assets are very different, but together they are complementary, and the sum of parts is greater than the whole. This aggregation and automation provides stability of the grid as energy is produced in an increasingly distributed grid.
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