Software developer Next Kraftwerke has signed a memorandum of understanding (MoU) with Toshiba's energy systems arm to help it develop a virtual power plant (VPP).
Centrica is to absorb “thousands” of residential hot water tanks into its virtual power plant (VPP) to provide flexibility to the grid.
Infrastructure fund manager Zouk Capital is expanding its EV portfolio, taking a majority stake in Italian e-mobility firm BE Power.
The balancing and frequency markets will double in value by 2030 as the evolution of the power market creates £6 billion of investment opportunity for battery storage and other flexible and distributed generation assets.
Utility firm SSE has selected Origami Energy to support the launch of a new virtual power plant which will provide flexibility services to its C&I customers.
Green utility Ecotricity has turned to Germany’s Next Kraftwerke to help operate a future virtual power plant (VPP).