Enabling IIoT Connectivity for Virtual Power Plants
The post Enabling IIoT Connectivity for Virtual Power Plants appeared first on POWER Magazine.
Declarations of climate emergencies in many countries around the world have created awareness for the need to switch to clean energy sources, which in turn has prompted the power industry and governments to take action or set definite goals. Many governments around the world now provide incentives to individuals, industries, and communities who are interested in generating and using power from renewable energy sources such as solar and wind energy.
The power grid has seen many changes that have enabled the integration of power from distributed energy resources (DERs). In the new power economy that is emerging, virtual power plants (Figure 1, VPPs) are showing the way by making it possible to aggregate power from different DERs and providing an efficient platform for energy trading. Catalyzed by these developments, a new “prosumer” class is emerging that consists of consumers who not only consume power from the grid but also produce their own green power and might have excess power to sell.…
