As society moves away from centralised fossil fuel generators to increasing shares of distributed renewable energy resources, the idea that customers’ homes could become host to virtual power plants (VPPs), joining the dots between electricity supply and demand across the grid, has gradually gathered traction. Andy Colthorpe speaks with Suleman Khan CEO of Swell Energy, which has raised nearly half a billion dollars in financing for solar-plus-storage VPPs in 14,000 homes across California, New York and Hawaii.
The residents of Parlier, a small city in Fresno County, California, are being offered a 20% reduction on their energy bills and reduce the amount of power they buy from utility Pacific Gas & Electric by 90%, by getting solar-plus-storage and energy efficiency equipment installed.
The CEO of US virtual power plant provider Swell Energy has said that New York utility company Con Edison has been “very progressive” in recognising the value that aggregated home battery systems paired with solar can offer.
Solar-plus-storage systems at customers’ homes in Hawaii will create a “comprehensive” virtual power plant (VPP) network on three Hawaiian islands of up to 6,000 individual systems.
US residential solar installer and leasing company Sunrun will aggregate home solar-plus-storage systems into a virtual power plant (VPP) capable of providing 5MW of grid support, with California utility Southern California Edison (SCE).
Germany-headquartered residential battery storage manufacturer sonnen has launched an “all-in-one” system in the US which comes at a recommended retail price of US$9,500.