Jan-Willem Rombouts on how his virtual power plants in cloud balance grid for excesses & shortages | Summary and Q&A

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February 17, 2017
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This Week in Startups
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Jan-Willem Rombouts on how his virtual power plants in cloud balance grid for excesses & shortages

TL;DR

A cloud-based platform connects industrial machines and household appliances to create virtual power plants that help balance the grid during times of renewable energy shortages.

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Key Insights

  • ๐Ÿฅบ Renewable energy production can be unstable, leading to periods of reduced power generation.
  • ๐ŸŒฑ Virtual power plants mimic the functionality of traditional gas-fired plants, helping balance the grid during shortages.
  • โœŠ The virtual power plant system connects to industrial machines and household appliances to monitor and adjust power consumption automatically.
  • โœŠ The software utilizes signals from grid operators or local measurements to determine when to reduce power demand.
  • โœŠ Users of the virtual power plant system cannot choose specific energy sources as it operates based on overall supply and demand on the grid.
  • โœŠ Grid operators pay for the virtual power plants as a form of insurance premium to maintain grid stability.
  • โœŠ The virtual power plant system offers a cost-effective and sustainable solution to balance renewable energy production.

Transcript

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Questions & Answers

Q: How does the virtual power plant software work?

The software connects to industrial machines and household appliances, logging data and shifting power automatically in response to grid shortages or excesses. It uses signals from grid operators or local measurements, such as AC frequency, to determine when to reduce power demand.

Q: Are physical energy flows controlled by the virtual power plants?

No, the virtual power plants do not control physical flows of energy. The system works by monitoring the overall balance between supply and demand on the grid and adjusting power consumption accordingly. Grid operators pay for these virtual power plants as a form of insurance premium to balance the grid.

Q: Can users choose where their energy comes from in the virtual power plant system?

No, the virtual power plant system does not allow users to choose specific energy sources. It is a virtual system that operates based on signals of supply and demand on the grid. Users pay for the virtual power plants to balance the grid, but no physical flows of energy are involved.

Q: How does the virtual power plant system benefit grid operators?

Grid operators use virtual power plants to balance the grid and pay for this service as an insurance premium. Instead of relying on gas-fired plants, the virtual power plant system provides a cost-effective alternative to maintain grid stability.

Summary & Key Takeaways

  • Renewable energy production can be intermittent, leading to periods of reduced power generation.

  • Virtual power plants aggregate flexible power sources to create a balance on the grid, similar to gas-fired plants.

  • The platform uses software and APIs to connect to utilities and monitor the grid's supply and demand to shift power when needed.

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