Maximeyes buys ‘significant stake’ in UK battery storage company

PureDrive Energy is developing a software aimed at unlocking greater revenue for home batteries by using machine learning to predict household load and generation

Statkraft and Statera join forces for 1GW of energy storage and flexible gas

The 15-year partnership will provide flexible energy services as part of the Norwegian energy giant’s UK-based virtual power plant

Siemens pilots virtual power plant project in Finland

Its software intelligently balances electrical loads from buildings that have been connected in a microgrid, incorporating renewable energy and battery storage

Future energy systems
Moixa’s virtual power plant marks first step in £40m project

The first step in the smart local energy system initiative will see solar panels, batteries and EVs installed in Worthing and Shoreham-by-Sea

ENGIE takes over Swiss energy solutions provider tiko

Its platform allows customers to group all their electrical devices in a virtual power plant and help manage fluctuations on the grid

Virtual power plant market ‘to reach $4.5bn by 2023’

The global virtual power plant market is projected to reach $4.5 billion (£3.4bn) in the next six years. That’s an increase from $762 million (£580m) last year, with demand side response technology accounting for more than three-fifths of the global market share, according to new research. A virtual power plant is a network of decentralised […]

E.ON provides wind power to balance German grid

E.ON has joined a new initiative to use wind power to stabilise the German grid. The energy firm said a 26MW wind farm it manages in Mecklenburg-Western Pommerania has been pre-qualified for balancing services by transmission system operator 50Hertz, part of a two-year pilot phase. The electricity generated by the wind farm in Brandenburg will […]

‘Virtual power plant’ for smart grid launched in Faroe Islands

The “world’s first virtual power plant” to be used with a smart grid system has been launched in the Faroe Islands. Called the ‘Power Hub’, it uses an advanced IT system that controls small and medium sized distributed energy resources. It is aimed at increasing the level of sustainable energy in the Faroese electricity grid […]