GEODE Chairman & Managing Director of Aspern Smart City Research GmbH & Co KG
Session Introduction - Technology is just an Enabler
A deep-dive into the projects that have already proven the technology-enabled services that will revolutionise the energy industry including Virtual Power Plants, the evolving role of Distribution, the potential opportunities in the EV market, and role of the Algorithm.
Using data-driven technology, how the Virtual Power Plant enables distributed generators, batteries, industrial and commercial firms and residential properties to become market participants and disrupt the traditional system.
The technology stack: bringing together a variety of assets and technology, Virtual Power Plant automatically optimises assets in real-time, using big data and algorithms to maximise price and act swiftly on all market opportunities.
Real life examples: from batteries to demand response, how Limejump’s Virtual Power Plant is helping to balance the UK’s energy system and drive revenue.