Energy Magazine October 2020 | Page 31

ACCELERATING THE UPTAKE OF RENEWABLE ENERGY
Next Kraftwerke : The Virtual Power Plant for 100 % Renewable Energy
asset in the battle to meet countries ’ ever-growing energy requirements . Operating one of the largest VPPs in Europe , NK has a networked capacity of 7,142 MW made up of wind , solar and biogas assets “ By harnessing the possibilities of digitalisation , we network thousands of power producers , consumers , and storage assets and put them on the markets with help from our power traders ,” they say on their website . “ We are certain that the demand for power in Germany can be completely covered with renewable energies by 2050 .”
ACCELERATING THE UPTAKE OF RENEWABLE ENERGY
The advancement of battery storage units in tandem with VPPs has provided the impetus for an entirely new concept in energy : the customer as consumer and contributor , rather than merely the former . McKinsey notes in ‘ Why the future of commercial battery storage is bright ’ that there are two noteworthy benefits to VPPs made of storage units : “ One is encouraging the use of solar by allowing its energy to be stored during the day and then released at night ; another is back-up
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Next Kraftwerke : The Virtual Power Plant for 100 % Renewable Energy
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