Moixa will create a virtual power plant which could cut energy costs by 10% and save the UK £32 billion if rolled out nationally. The virtual plant will be the first operational part of a £40 million smart local energy system, which will link up solar panels, batteries and electric vehicles (EVs) around Sussex. Moixa is part of a consortium of UK technology leaders that has secured £13 million from the government’s Industrial Strategy Challenge Fund to show how cutting-edge power, heating and transport technologies can work together to cut energy bills, reduce carbon emissions, and help manage the electricity system more efficiently. Chris Wright, Moixa chief technology officer, said: “This project will show how solar panels, batteries and electric vehicles at home and in the workplace can play a vital role in creating a smart, low-carbon, energy system, cutting energy bills, saving the country billions and helping to meet our climate targets. It will demonstrate the benefits of linking power, heat and transport in one local system and showcase UK expertise in an emerging global smart grid market.”
Network 18th April 2019 read more »
West Sussex virtual power plant ‘could save UK £32bn’ if replicated nationally. The developers of a new virtual power plant (VPP) system set to come online across West Sussex in stages from autumn have claimed that the model could cut the UK’s energy costs by 10% if it is rolled out nationally.
Edie 18th April 2019 read more »