06 Mar Statkraft unveils renewables, storage and gas virtual power plant in UK
Norwegian energy group Statkraft has launched a virtual power plant in the UK which connects more than 1GW of wind, solar and gas engines with battery storage.
“The idea is to match renewable power production with market demand within seconds,” said Duncan Dale of Statkraft in the UK. “The increasing share of renewable energy in the UK will require a maximum of flexibility in the British power grid.
“By integrating batteries and engines into the virtual power plant and optimising their operations we can provide this flexibility reliably,” he added.
The virtual power plant will combine the renewable output with gas engines and compare its output to Day Ahead, On-the-Day and cash-out price forecasts, which will enable real time optimisation of its power trading on the wholesale market.
Statkraft also plans to double the virtual power plant’s capacity by the summer, stating that making the best of its flexibility will help integrate further renewables into the UK power grid.
In Germany, Statkraft already interconnects more than 1400 wind and solar installations at Europe’s largest virtual power plant, which boasts an installed capacity of around 12GW.