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Published March 13th, 2018 by Kirsty WaterfordTweet
Powershop and Reposit team up to create a Virtual Power Plant – paying customers to support the grid
On Tuesday, Powershop Australia and Reposit Power will announce a partnership to create a Virtual Power Plant (VPP), allowing Powershop to dispatch solar battery capacity to the grid during times of peak demand.
Called Grid Impact, this new plan will give customers guaranteed quarterly payments for letting Powershop activate their solar batteries at certain times.
As part of Powershop’s demand response strategy, Grid Impact is another way Powershop can harness renewable energy to bring stability to the grid, and help mitigate the risk of blackouts.
On the partnership, Powershop Australia CEO Ed McManus said, “we have been chatting with Reposit for a number of years now and are big fans of their technology. We are thrilled to be able to partner with them, meaning our customers that use their technology can both help take pressure off the grid at peak times, and also be financially rewarded.”
Reposit Power CEO Dean Spaccavento said,”A low power bill comes from a smart solar battery matched with a great electricity plan. This is exactly what Powershop paired with Reposit achieves. Grid Impact is a great plan that could see customers reduce their bills by up to 90 per cent in the first year. We’re proud to be partnering with Powershop.”