RACV is offering virtual power plants (VPPs) for business customers following the successful installation of VPPs at RACV’s Torquay and Inverloch resorts.
A VPP is a network of solar batteries connected through advanced software systems to operate as a unified energy source. This technology captures, stores and releases energy, making it available to the grid during times of peak demand.
In setting up a VPP, RACV works with a business on a solution that suits its individual needs, before integrating the business’s energy assets into the network. These individual assets then work together, through an automated system, to respond to market demands. The VPP is designed to instantly match spare energy capacity with the highest-value opportunities in the market, giving the business the opportunity to earn revenue from its power.
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