Virtual Power Plant definition

Virtual Power Plant has the meaning ascribed to it in Clause 4.5(a).
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Virtual Power Plant means an electricity release programme whereby an undertaking generating electricity is obliged either to sell or make available a certain volume of elec­ tricity or to grant access to part of its generation capacity to interested suppliers for a certain period of time.
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Virtual Power Plant or "VPP" means a commission-approved program that achieves the collective management of dispatchable demand or distributed energy resources connected to the utility distribution grid.
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Examples of Virtual Power Plant in a sentence

  • Virtual Power Plant Services term 12 months from the later date of when: 1.

  • We may also exercise our rights to suspend your participation in our Virtual Power Plant or to terminate the Agreement under clause 6.1.

  • The ramp-down instructions referred to hereinabove shall be sent (i) in the event of a Remote Control connected to the Virtual Power Plant, through the Remote Control directly by the Buyer, and (ii) otherwise, by email with return receipt by 3pm the Business Day immediately preceding the date on which the ramp-down instructions shall apply.

  • If the Wind Farm is not equipped with a Remote Control and not connected to the Buyer’s Virtual Power Plant [if such option has not been selected in Annex 2 thereto]: In case the Producer receives instructions to ramp down the production of the Wind Farm in accordance with paragraph above, the Producer shall at 6pm at the latest the day before confirm it has received the instruction email referred to in paragraph above and that it will reduce the feed-in power accordingly.

  • An automated solution enabling a controlling party to operate remotely the Wind Farm in order to adjust the supply of power produced (a Remote Control) which is compatible with the Buyer’s system (the Virtual Power Plant) may be installed on the Wind Farm, if such option has been selected in Annex 2, paragraph 2 thereto.

  • As of the Execution Date, the Borrower expects that [***]% of the aggregate amount of the proceeds of the Advances for Eligible Projects under the Project Portfolio will be for Projects a component of which include or incorporate Virtual Power Plant Projects.

  • When you sign up to GridShare Membership, it allows us to effectively group your battery or other energy asset (such as an EV charger) with those of other members to create a Virtual Power Plant, often referred to as a VPP.

  • The £31M Innovate UK Virtual Power Plant project, announced in late-2018, will utilise the islands distributed energy resources and maximise local consumption of renewable generation through aggregating wind, solar and marine renewable generation with demand-side flexibility including distributed battery storage, Electric Vehicles charging (EVs and electric buses), flexible heating, hydrogen generation and storage.

  • Sonnen (battery manufacturer), ▇▇▇▇▇▇ (PV and Battery installer), Powerclub (retailer) and Power Ledger (VPP software provider) have collaborated to offer a unique Virtual Power Plant (VPP).

  • The Energy Storage Product will join a network of batteries working together to form a Virtual Power Plant known as a ‘VPP’.


More Definitions of Virtual Power Plant

Virtual Power Plant or “VPP” means the GSDS and the aggregated Participant Resource(s) under its operation and control;
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