Maintaining a real-time balance between electricity supply and demand.
Despite the intermittent nature of renewable energy sources like wind and solar, grid firming ensures power grid stability. Its primary objective is to ensure a continuous balance between electricity supply and demand in real-time.
Large scale batteries are not the only approach to grid firming. There are two prominent alternatives that rely on smaller devices: Virtual Power Plants (VPPs) and Distributed Energy Resource Management Systems (DERMS). VPPs operate by orchestrating a network of home batteries to function collectively as a large power plant. Their aim is to participate in the energy market in a similar way to traditional power plants. DERMS focus on coordinating thousands of home energy devices to optimise energy exchange at opportune moments, effectively stabilising grid frequency.
Australia has been fertile ground for homegrown companies offering grid firming software solutions. Being at the forefront of rooftop solar adoption has necessitated the invention of Australian VPP and DERMS software solutions. These innovative technologies hold significant potential for global adoption as they contribute to the large scale integration of renewables.
The Cleantech Showcase lists examples of projects that are capable of propelling us towards a prosperous, zero emissions Australia.
This list is not exhaustive and many more comparable projects may exist.
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