Virtual Power Plants

It integrates distributed energy resources, such as renewable energy generation facilities like solar and wind power, along with energy storage devices and adjustable loads, to achieve efficient coordination and optimized management of energy. By leveraging sophisticated information technology and communication means, a VPP connects numerous dispersed energy sources into a cohesive whole, functioning much like a "virtual" power plant.

In terms of functionality, a VPP can perform peak load shifting. During periods of high electricity demand, it dispatches distributed energy sources and storage systems to supply power to the grid, alleviating pressure on the grid; during off-peak hours, it stores excess energy or reduces generation, thereby improving energy efficiency. Additionally, a VPP can participate in electricity market transactions, generating economic benefits for the owners of the energy resources.

For the grid, a VPP enhances stability and reliability. It can rapidly respond to grid demands, providing auxiliary services such as frequency regulation and peak shaving, thus reducing reliance on traditional power plants. For society, a VPP promotes the large-scale adoption of renewable energy, drives the transition towards cleaner energy, reduces carbon emissions, and supports the achievement of sustainable development goals. In summary, with its innovative model and effective energy management capabilities, a VPP brings new development opportunities to the future of the energy sector.