At the 2024 Shanghai International Carbon Neutrality Expo opened on June 5th, the first residential virtual power plant 2.0 platform in the country was unveiled at the Huangpu District booth. Citic Securities released research reports, expecting the overall capacity of virtual power plants to reach 72.3 billion yuan by 2025, and their market space could reach 196.1 billion yuan by 2030.
At the 2024 Shanghai International Carbon Neutrality Expo that opened on June 5th, the country's first resident virtual power plant 2.0 platform made its debut at the Huangpu District booth. Through the Resident Virtual Power Plant 2.0 version, residents can earn low-carbon points by checking in through the app, participating in energy-saving and electricity-use behaviors, and participating in demand response experiments. Cumulative low-carbon points can be exchanged for dining coupons, smart devices, and other prizes through the mobile app.
New energy generation has characteristics such as intermittency, volatility, and randomness, which pose challenges to the safety and stability of the power grid. With the large-scale installation of new energy into the grid, the problem of new energy power consumption cannot be avoided. Virtual power plants have the ability to adjust on a large scale and can respond to short-term power supply and demand constraints and difficulties in new energy consumption. Compared to traditional thermal power, virtual power plants have obvious economic benefits through peak shaving and valley filling. Citic Securities released a research report stating that the overall capacity space of virtual power plants is expected to reach 72.3 billion yuan by 2025, and its market space may reach 196.1 billion yuan by 2030.
According to the Financial Data Center, among related listed companies:
State Grid Information & Telecommunication has participated in virtual power plant demonstration projects and has created an integrated operation platform that covers the generation, transmission, load, storage, and charging of electricity. The platform has already connected to the North China auxiliary service market, as well as the Tianjin and Shanghai virtual power plants participating in power grid regulation.
NARI Technology is actively exploring and researching the virtual power plant technology of coordinated interaction between power generation, transmission, load and storage, and promoting the efficient use of electricity and flexible allocation of adjustable resources. It has undertaken the development project of the virtual power plant main station of the Guangdong grid regulation center and has completed the validation of market-aggregated resource access and control.