The future of energy – Virtual Power Plants (VPP)
How can we accelerate our transition to sustainable energy?
Climate change, pandemics and war have made access to affordable and sustainable power production more and more difficult.
Our current power grid was developed over 100 years ago when the need for electricity was simple; power production was local and organized around small communities. This limited, one-way interaction with one power source has made it near impossible for our power grid to adapt to the ever-changing energy demands of the 21st century.
The fragility of our global energy supply has never been clearer. The time is now to develop improved, independent, and scalable energy systems.
With the integration of energy storage, demand response, flexible loads, and other technologies offered via TGN Energy, we can mitigate these challenges and make our power grid more resilient to the changing demands of society and the integration of renewable energy sources.
The Norwegian Energy Commission suggests investing in virtual power plants (virtuelle kraftverk) to create a more rapid transition to renewable energy and a more robust grid.
The Solution is here. TGN technology offers Norway’s first virtual power plant
An important part of this solution is to create building-mounted power plants, also known as virtual power plants. A virtual power plant (VPP) is a system that optimizes the use of distributed energy resources such as solar panels, wind turbines, and energy storage devices to generate and distribute electricity sustainably to the grid. By using the TGN technology and VPP system, our customers can reduce their energy costs, earn revenue by selling excess electricity back to the grid, and participate in demand-response programs.
Investing in a VPP is a smart financial decision for companies looking for a more sustainable and reliable energy solution. Furthermore, implementing TGN technology will make the grid more resilient and ensure a stable power supply. With the help of TGN technology anyone can produce affordable, renewable power from their own properties.
How to generate a profit from your VPP
There are several ways to make a profit from investing in a VPP:
- Selling electricity to the grid: If the VPP generates more electricity than it needs, it can sell the excess back to the grid, earning revenue for the investors.
- Participating in demand response programs: Some utilities offer demand response programs that pay customers for reducing their electricity use during times of peak demand. A VPP can participate in these programs and earn revenue by reducing its electricity use.
- Taking advantage of renewable energy incentives: Governments and utilities often offer financial incentives for investing in renewable energy. A VPP can take advantage of these incentives, increasing its revenue.
- Reducing energy costs: By generating its own electricity, a VPP can reduce its energy costs, which can increase its profits.
- Offering energy services: A VPP can also offer energy services such as demand management, energy storage, and frequency regulation to utilities and other customers, which can generate additional revenue.
The TGN Energy VPP solution is brought to you by a combination of several TGN solutions.
TGN Grid reduces your energy costs and is a highly efficient energy production and storage solution. Installed in or near your property enabling the owner to reduce overall power costs and charges. Learn more.
TGN Flexcontrol optimizes your local power mix and is the software solution provided via TGN Grid. This robust tool continuously weighs the income for locally produced power against the benefit of consumption, storage, or sale to the spot market. Learn more.
TGN Aggregate creates a profit for you through your surplus power and improves the utilization of your existing power capacity through equalization, providing fewer interruptions and better power quality for your facility. Learn more.
Strømsø Energy Community as part of a fractal network.
Strømsø Energy Community as part of a fractal network.
TGN Energy has entered into a research project with Strømso United AS and IFE (Department of Energy Technology) as research partner.
Allocated funds from RFF (regional research fund).
What is Strømsø United?
Strømsø United focuses on property development and site development for the Strømsø district in Drammen. They have a desire to contribute to the green shift and build a robust, energy-efficient society. Together we’re looking for new ways of looking at the local power supply, and contributing to the electrification of society within a corporate economic framework.
In finding new models for how to design, build and operate local energy communities, solutions will benefit both the development project in question and pave the way for future, similar developments. Such a solution can also be easily implemented internationally and thus become an export for Norway.
The Innovation Idea
Energy communities, or local energy communities (LES), are a concept that’s been studied and researched worldwide. A fractal power grid is designed as a hierarchy of LESs. Users are connected in “nodes” where they can internally share produced energy and store energy in different energy carriers. More nodes then become larger nodes, which are grouped into nodes of nodes, in so many that one can eventually connect an entire nation. Each level of the hierarchy can operate independently, has its own form of energy storage and its optimized mode of operation.
A fractal power grid with distributed energy production will be a paradigm shift in how power grids are built. It will provide stability in the power grid by stabilizing fluctuations that are created by unregulated energy sources, and provide a significantly increased robustness and resilience against all supply interruptions.
The design of a fractal network is potentially ground-breaking for both users and network owners and fundamentally changes the way power supply is developed.
In order to identify, prioritise and investigate the possible challenges for further development and the development of such a power grid, the idea must be examined and “stress tested” thoroughly.
More information coming soon.
Entelios and TGN Energy enter into a cooperation agreement
Entelios and TGN Energy enter into a cooperation agreement regarding the collaboration on the implementation of flexibility services and participation on ancillary services.
Who is Entelios?
Entelios is a leading energy supplier to large corporate and public companies. It provides services within the following areas: power supply, portfolio management, environmental services, energy solutions and flexibility.
What does Entelios offer to TGN’s product?
Entelios is a trusted partner for market insight for ancillary service markets. Through this partnership offers trading on our assets through TGN Aggregate.
What does this partnership mean long-term for TGN?
This agreement enables TGN Virtual Power Plants to participate in reserve markets and is therefore a major step towards TGN’s contribution to the green shift.
Entelios role is as a market aggregator that collects flexible resources and offers it to the ancillary service markets or to grid operators.
Entelios is fully owned by Å Energi.
Official opening of Norway’s largest energy system
Today was a BIG day for celebration at TGN Energy. Together with our partners at Isola Solar AS and Hitachi Energy we’ve created Norway’s largest energy system for Revac in Tønsberg. Norway’s Minister of Petroleum and Energy Terje Aasland joined us to celebrate the innovation and initiative. Congratulations to Revac! At TGN, we’re looking forward to creating more fully integrated solutions with future oriented partners, continuing our contribution to the green shift and a more stable and flexible power grid. Stay tuned!
We join forces to solve the energy crisis for businesses
We join forces to solve the energy crisis for businesses. Together with Lett-Tak Systemer AS and Isola Solar AS, we have developed E-TAK, an environmentally friendly system for new buildings that produces, stores and conserves energy in a pioneering, efficient and profitable way.
E-TAK is a complete solution consisting of a roof element, solar panel, battery unit and power management. By collaborating and quality-assuring interfaces during the course of the project, it offers the customer an optimal energy ceiling installed in the building.
Read more and get in touch here: www.e-tak.no
TGN establishes market collaboration with Lett-Tak and Isola Solar on the future of energy roof systems
Lett-Tak, Isola Solar and TGN Energy have collaborated on the development of the future system for energy roofs. We have a common interest in taking care of the environment and in energy-efficient buildings, and our combined expertise resulted in E-TAK; A smart, profitable, sustainable and energy-efficient energy system for your new building.
Read more (in Norwegian) at e-tak.no
Isola Solar and TGN Energy in Teknisk Ukeblad
The Norwegian tech magazine Teknisk Ukeblad (0720) has a focus on green technology, among other things, and you can read more about our fantastic pilot plant and partners here (in Norwegian).
In a research project, everything must be investigated. In the above photo, IFE researcher Junjie Zhu pulls off a piece of ceiling covering with which they have covered the front of a bifacial panel in order to be able to measure exclusively the effect they get from the back. Photo: Mona Strande
TGN Energy signs deal together with Diggit
Diggit.no will help TGN Energy to code algorithms for optimized battery use and optimized PV/Battery/tariff output.
The adventure is starting with this: