Hybrid virtual power plants
The hybrid virtual power plant enhances the conventional virtual power plant concept by combining it with elements from the smart services category, namely distributed generation, demand side and RES assets. As the electricity markets (with the exception of the system services) largely preclude the demand side from direct participation, the full realisation of a hybrid VPP is still in the concept phase. However we consider it important to show how the smart services are evolving and connecting to the conventional marketplace.
- Bundling of small thermal generators, RES and demand side
- Optimisation of production and consumption, reduction in balancing energy costs
- Optimisation in the intraday, spot and forward markets (dependent on local generation, currently demand side is not in scope)
- Participation in the ancillary services markets