Technology is making its mark on the energy market. Renewables have integrated into grid mixes and the rise in battery technology means firms can now store generated and surplus energy. Global energy storage and renewables integration (ESRI) will be worth more than $23bn by 2026 and enhanced cloud-based technology could create even bigger benefits. Virtual Power Plants are cloud-based control systems that use production data from distributed energy resources such as solar systems and battery storage systems using Internet of Things (IoT) sensors. Once the data has been collected, Virtual Power Plants can manage a reliable power supply and choose times to feed the power to communities or grids.
Edie 3rd Jan 2018 read more »