Antinuclear

Australian news, and some related international items

Virtual power plant achievable within 5 years – AGL Energy’s Andy Vesey

‘Virtual power plant’ is here, says AGL Energy’s Andy Vesey, AFR, 17 Mar 17 Home storage batteries will be cheap enough within five years to make the “virtual power plant” achievable, revolutionising energy and making investment in traditional plant harder to justify, AGL Energy chief executive Andy Vesey says.

Mr Vesey said that batteries would be about the same $3500 price that AGL is charging 1000 Adelaide householders for its virtual power plant trial, a fraction of the $16,000 full price of the Sunverge batteries used in the trial. They could pay themselves off in about five years.

“It’s coming,” he told an American Chamber of Commerce lunch. He said grid scale batteries proposed by Tesla and others already offer value in the right circumstances.

Virtual power plants – “behind the meter” energy resources such as batteries, solar panels, software and smart thermometers managing power-hungry appliances – are one way to ease pressure on the grid and help prevent blackouts such as those plaguing South Australia. ….

Mr Vesey said on Friday that adding storage to solar homes was like adding refrigeration to agriculture, changing the way consumers interact with the power grid and the investment equation for energy companies….

He said when you put 1000 rooftop solar households with batteries together and control them in the cloud “you fundamentally have a 5 megawatt peaking plant on the edge of the grid. It changes everything”. …… http://www.afr.com/news/economy/virtual-power-plant-is-here-says-agl-energys-andy-vesey-20170316-gv0564

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March 18, 2017 - Posted by | solar, South Australia, storage

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