Here’s a clever idea… Siemens has introduced a virtual power plant (VPP).
It’s a software solution that balances electrical loads from buildings connected in a ‘microgrid’ that has both renewable energy and energy storage.
The new VPP service allows electrical loads of commercial buildings or industrial sites to be combined, helping to reduce the need for reserve power by balancing consumption. Building operators can then sell surplus energy back to the electricity market. Siemens believes this approach will increase the flexibility of the whole market.