The Energy Market Authority and Sembcorp Industries have awarded a grant to develop Singapore’s first virtual power plant (VPP) to the Nanyang Technological University. The project is scheduled to be completed by 2022. The development of the VPP allows the electricity produced by distributed energy resources to function like a single power station. Further, it will help in integrating cleaner resources like solar energy in the country’s energy mix. The VPP will also be equipped with demand forecasting and optimisation algorithms that take into account Singapore’s power grid and market conditions.
