Geothermal power and renewable energy developer Ormat Technologies has signalled its intent to join demand response and energy storage markets with the purchase of Viridity Energy.
From the outside, the VPP looks like a single power production facility that publishes one schedule of operation and can be optimised from a single remote site. From the inside, the VPP can combine a rich diversity of independent resources into a network via the sophisticated planning, scheduling, and bidding of DER-based services. Peter Asmus examines the role energy storage can play within this architecture.
The future for Tesla-SolarCity could lie in aggregating rooftop PV with stationary energy storage, EVs and other distributed energy resources, the head of energy storage market analysis at Bloomberg New Energy Finance (BNEF) has said.
A programme to modernise New York’s energy system will lead to the state’s biggest ‘virtual power plant’, with PV system owners invited to join a pilot of aggregated solar-plus-storage systems.