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Given it’s one of the world’s top exporters of coal, Australia might not be top of mind when it comes to new energy. One area where it is ahead of the curve though, is virtual power plants (VPPs) using residential energy storage. Indeed, ignoring any near-term market disruption due to COVID-19, we see the potential for a doubling of residential storage assets taking part in a VPP over the coming year or so. This will take the installed base active in a VPP to 10,000 systems. Alongside Germany, this makes Australia one of the most active global markets we have seen.
At Delta-EE, we decided to look at what has been fuelling this growth down under. Here, I set out some of the key reasons we identified:
The word ‘platform’ is one of the biggest energy business buzz words of the 21st century. Across the energy industry everyone has been talking about them, developing them (or being told they need to develop one) and the demand side flexibility space is no exception to this. But what do we even mean by ‘platform’? Do all these flexibility platforms do the same thing? And if not, how do they fit together?
In the last few months, the Flexibility Research team has been looking in depth at the murky world of platforms to answer these questions. There’s been no simple answers, but through discussions with contacts across the sector we’ve developed a framework of four types of platforms and their capabilities. Whilst it’s still early stages, there are examples of each of these platforms interacting with each other to cover the full demand side flexibility value chain.
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