DERs refer to assets like solar panels, small-capacity battery energy storage systems (BESS) and electric vehicle (EV) chargers.
The Energy Market Authority (EMA) has launched a consultation paper and call for regulatory sandbox proposals to explore the benefits of virtual power plants (VPPs). EMA will also launch three new initiatives to harness energy demand flexibility potential in Singapore, announced Deputy Prime Minister Gan Kim Yong in his opening lecture at the Singapore International Energy Week (SIEW) 2024 on Oct 21.
A VPP is a digital platform capable of controlling, optimising and aggregating a network of distributed energy resources (DERs) across various locations to operate as a single generator.
