
The What and Why of a Virtual Power Plant
We’re moving from a world dominated by centralised electricity generators who burn fossil fuels, to one where most homes are ‘Prosumers’ producing over two thirds of their current electricity consumption. With smart batteries, homes can be connected into a Virtual Power Plant, allowing excess to be aggregated and sold at a premium as well as battery capacity made available to the grid for balancing. A VPP is a win-win-win in the new prosumer economy.