Yesterday, the Energy Web Foundation (EWF) announced that German energy storage systems provider sonnen Group is using its Energy Web Chain and EW Origin software suite for a virtual power plant (VPP) in the country.
A VPP is a network of decentralized and distributed power generating units such as wind farms, solar parks as well as storage systems. Sonnen’s VPP in northeastern Germany will leverage blockchain to absorb surplus wind generation by charging batteries. When more renewable energy is generated than needed, the waste is referred to as curtailment.
According to data from S&P Global, Germany curtailed 3.2 TWh (Terawatt-hour) of wind energy in 2019. In 2018, the country curtailed 5.4 TWh of renewables. In an environment when governments are trying to increase reliance on renewables, these figures are concerning.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
