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Virtual Power Plants with Geoff Ferrell (Senior Vice President @ sonnen, Inc)
Episode 1
Published 1 year, 6 months ago
Description
As residential energy storage systems become more widespread, an exciting opportunity is emerging for homeowners: participating in energy markets and helping to stabilize the grid. But how can smaller home batteries combine forces to contribute during times of high demand? The answer lies in virtual power plants (VPPs). These interconnected networks of residential storage systems work together to provide energy back to the grid when needed. Not only do VPPs support grid stability, but they also create potential revenue streams for participating homeowners by compensating them for their stored energy. Geoff Ferrell, Senior Vice President of Global C&I and VPP Project Business in the Americas at sonnen, Inc. joins Quentin for this week’s episode. Over the course of the conversation, they discuss:
- sonnen’s role in pioneering residential energy storage and the company’s growth and market presence.
- Explanation of Virtual Power Plants (VPPs) and their role in energy management.
- How VPP’s allow market participation, and where they allow batteries to engage.
- Why cell chemistry matters for a residential asset.
- The importance of metering and accurate energy data for market participation.About our guest