Speaker: Dr. Art Hunter
Subject: Project Payback. Financial benefits of a microgrid as part of a virtual power plant
Time: 4 Sept 2024 13:30 Eastern Standard Time (US and Canada)
Summary:
Home rooftop solar panels and home batteries provide a microgrid owner with energy independence from grid failures. Recently the Ontario Energy board approved Ultra-Low Overnight electricity rates as when utilized they financially benefit the microgrid owner, grid managers and all grid customers. Payback to the homeowner of the invested capital is demonstrated as being rapid with a side benefit of energy credit savings reducing year-round billings from the utility. Save monthly operational money, buy-back investment dollars, and reduce your home carbon footprint simultaneously.
Biography:
Art Hunter designs, operates and is constantly modernizing the Manotick Microgrid for the social and financial benefits explained in the presentation material. Survival and mitigation of consumption overshoot, and the climate catastrophe are top priorities. The Manotick Microgrid consists of rooftop solar arrays, home battery storage, a ground source heat pump, two electric Vehicles and a comprehensive command and control system for measurement and data processing driving appropriate actuators.
He has extensive experience in conducting research within universities, working with many companies as a consultant and as a researcher at the National Research Council of Canada including being the Canadian project manager for NASA’s Space Shuttle’s Canadarm.
He holds degrees from the Royal Military College (Hon B.Eng.) and from the University of London, Imperial College (Ph.D. hypersonic aerodynamics). He is very active in the Canadian Association for the Club of Rome.
A VPP typically comprises of an aggregation of many components such as EVs and chargers, heat pumps, controllable home appliances, HVAC equipment with smart and controllable thermostats and batteries residing at customers’ premises in single-family homes, apartments, offices, stores, factories or industrial sites with large electricity consuming devices. As the transport sector is electrified, the list expands to include charging stations for electrified cars, trucks, buses, ferries and so on. Many thousands of VPP connected devices is normal for a VPP.
Add lots of home and vehicle batteries and DERs to get a VPP.
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References:
- Virtual Power Plants Testing – Canadian Association for the Club of Rome (canadiancor.com)
- Samrat YouTube 3 mins
- Just Have a Think and VPPs
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