Virtual Power Plant Software
‘Virtual power plant’s, ‘energy sharing’ – they are two phrases that are dominating discussions about Australia’s energy future.
While there is information about what makes up a virtual power plant (VPP) and how it works, we’re going to take you on a deep dive into the sophisticated VPP software that is helping to revolutionise the way energy is used.
How does VPP software work?
Monitoring data
VPP software collects real-time data from connected energy sources, including residential solar and battery systems. Production, consumption and storage levels are all continuously monitored, in addition to the conditions of the grid. The VPP software works to bring all this data together to monitor the performance of the entire network.
Managing connected energy sources
Using the data collected, the VPP software uses intelligent algorithms to analyse and predict patterns in energy usage and production by connected sources. This ensures the VPP can act swiftly to optimise the way energy is distributed, for example pushing more renewable energy into the gird when demand rises.
Energy trading
VPPs do all the heavy lifting in energy trading. The VPP software can monitor market pricing in real-time to get the best deals for operators and consumers.
Stabilising the grid
In the event of changes in grid energy frequency or voltage, VPP software can act immediately to balance supply and demand to stabilise the grid to avoid energy disturbances, which could lead to power outages.
Supporting more renewable energy into the grid
One of the main benefits of VPPs is that they can support the integration of cleaner, greener energy into the grid. VPP software can help manage the use or storage of renewable energy. When there is excess renewable energy, VPP software can store this energy in batteries or distribute within the network where it’s needed.
To learn more about virtual power plants, speak to a VPP expert at Nectr. Test and try Nectr’s VPP Nectr Evolve to find the right plan to suit your needs.
