Post: Flexibility is crucial to maintain grid stability, says GridBeyond latest white paper

Flexibility is crucial to maintain grid stability, says GridBeyond latest white paper 
 

Flexibility is crucial to maintain grid stability, says GridBeyond latest white paper 

In a market with high renewable penetration and unique geographical challenges, flexibility is crucial to maintaining grid stability in Australia. In recent years, the concept of Virtual Power Plants (VPPs) has emerged as a transformative solution. By integrating numerous Distributed Energy Resources (DERs) into one network, VPPs are changing the way electricity is generated, managed, and utilised says GridBeyond’s report Virtual power plants in Australia – A bright future ahead. 

In a market with high renewable penetration and unique geographical challenges, flexibility is crucial to maintaining grid stability in Australia. In recent years, the concept of Virtual Power Plants (VPPs) has emerged as a transformative solution. By integrating numerous Distributed Energy Resources (DERs) into one network, VPPs are changing the way electricity is generated, managed, and utilised says GridBeyond’s report Virtual power plants in Australia – A bright future ahead. 

Australia is a leader in renewable energy adoption, with solar and wind constituting a significant share of its energy mix. Renewables are becoming an increasingly critical part of the global energy system, but their intermittent nature means there is a need for a significant increase in flexible resources to manage an increased volatility. In addition, adoption of flexible devices such as heat pumps, Electric Vehicles (EVs), and battery storage is accelerating, while regulators and utilities are looking for solutions to reliability and affordability challenges.  

The energy sector is facing major challenges to meet the demands of global warming mitigation and adaptation, which require the decarbonisation of multiple sectors of the economy.  VPPS have emerged as a transformative solution offering a flexible and decentralised approach. By integrating numerous Distributed Energy Resources (DERs) into one network, VPPs are changing the way electricity is generated, managed, and utilised and can offer a wide array of benefits across energy system that can be managed by AI-powered technologies supporting businesses in managing their energy consumption and support grid stability.