Energy Storage and Virtual Power Plants Join Hands to Embark on a 100-billion Track!

Time：2023-09-11 Source：SPRIXIN

At present, the entire energy storage industry is maturing. How to maximize the energy efficiency value of energy storage through practical applications and achieve market-oriented profits is an issue that has attracted much attention at the moment. Based on this, SPRIXIN shared a report on the theme of "Analysis of the Business Model of Virtual Power Plants in the Industrial and Commercial Energy Storage Operation Stage".

The virtual power plant is based on the Internet of Things, which aggregates energy storage devices, controllable loads, and distributed power sources in the power grid into a virtual controllable collection to participate in power grid operation and dispatch, and coordinate the relationship between smart grids and distributed power sources. contradictions, and fully tap the value and benefits that distributed energy brings to the power grid and users. In recent years, the value of virtual power plants has gradually been recognized and valued. According to calculations by a securities firm, it is expected that the virtual power plant operation market will reach approximately 90 billion yuan and 130 billion yuan by 2025 and 2030 respectively. SPRIXIN pointed out that combining industrial and commercial energy storage with virtual power plants can promote the effective utilization of industrial and commercial energy storage and further enhance the economic operation capabilities of industrial and commercial energy storage.

There are six main profit channels for industrial and commercial energy storage, namely peak and valley arbitrage, demand management, energy time shifting, market transactions, demand side response, and power auxiliary services. Among them, the first two profit methods are mainly electricity arbitrage based on two electricity price mechanisms: time-of-use price and demand price. Energy time-shifting is an energy storage application model combined with distributed photovoltaic power generation. The last three profit methods can all be achieved through Industrial and commercial energy storage can be used as a high-quality resource to connect to the operation of the virtual power plant platform, thereby expanding the profit margins in industrial and commercial energy storage operations.

SPRIXIN’s overall solution for industrial and commercial energy storage investment and operation
This year, the scale of registration and implementation of industrial and commercial energy storage projects has grown at an unprecedented rate. SPRIXIN provides full-chain and full-cycle energy storage investment and operation solutions from project development and construction to implementation and operation for large-volume power users such as large industries and industrial parks. The plan is mainly divided into three levels: investment and operation, energy management, and value-added services.

Investment and operation: In the early stage of the project, SPRIXIN cooperated with industrial and commercial users in the EMC (Energy Management Contract) model to provide users with an overall plan for energy storage projects with zero investment cost, ensuring users' production energy use and optimizing users' energy costs.

Energy management: After the project is completed, SPRIXIN will use the smart energy storage cloud platform to intelligently control the charging and discharging of energy storage during peak and valley periods to ensure the safe and efficient operation of the energy storage system and save electricity bills for users.

Value-added services: In the later stages of project operation, according to customer needs, SPRIXIN can connect energy storage as an aggregable resource to the virtual power plant platform to create more value for users through peak shaving auxiliary services, demand side response, and electricity energy trading, to further enhance the profitability of industrial and commercial energy storage operations.

Since entering the field of virtual power plants in 2019, SPRIXIN has opened up the peak-shaving auxiliary services and demand-side response markets in many provinces in northwest, north, and central China, providing users with virtual power plant platforms, resource access, and virtual power plant operations. Waiting for service. Through virtual power plants, energy storage can not only help stabilize the power grid through peak shaving auxiliary services and demand-side response. On the other hand, virtual power plants can also bring additional benefits to energy storage users, achieving a win-win situation of mutual benefit.