The Energy Industries Council (EIC) is working on behalf of a client who is seeking novel solutions for the aggregation and stacking of revenue streams from grid services. Relevant approaches may include hardware and software solutions for the control and coordination of Hybrid Power Plants (HPPs) through to commercial and contractual solutions for aggregation across multiple power plants – and anything in between.
The client defines HPPs as power plants comprised of several generation and storage systems (e.g., offshore wind, onshore wind, solar, battery storage, power-to-x, etc.). A key component of an HPP is the controller, which must be capable of interoperating the various generation and storage systems to optimise efficiency, safety, and performance.
Stacking and/or aggregating these services and functions across hybrid or multiple power plants should improve operational efficiency and optimise revenue generation.
Proposed solutions should:
- Stack and/or aggregate multiple grid services/functions to improve revenue generation from hybrid or multiple power plants.
- Help to mitigate the merchant risk faced by power plants deployed in non-subsidised markets.
- Support optimisation in the range from real-time to day-ahead markets.
- Be adaptable to different geographical markets, or as markets evolve.
- Be flexible to various configurations of HPPs (i.e., with different combinations of generation and storage systems).
To find out more information, please contact Christopher Shirley at christopher.shirley@the-eic.com.