From CHP to VPP – how to create value for all market roles?
Submitted by Engerati Admini... on Mon, 10/22/2012 - 13:47- What is new on VPP in the Grid Management context?
- Who participates from a VPP approach?
- How to start today with VPP
26 years after the Single European Act - are we any closer to a single electricity market? T&D developments market activity or political issue?
The structure of the electricity system is changing fast. Rapid deployment of renewables, the needs to decarbonise European activities and the aging electricity system infrastructure present a significant and growing challenge to transmission and distribution systems across Europe.
What started with smart meters, originally devised for accurate billing, has spun into a multi-billion euro industry, where progressive utilities, new market entrants and pioneering technologies are opening up unparalleled commercial opportunities for savvy players in an incredibly dynamic and intensely competitive space. Progressive utilities are placing the consumer at the heart of smart grid and are devising transparency in billing and various consumer engagement programmes to build rapport and trust.