How does it work?
Registration
Registration
Market participation
Market participation
Earn significant revenue
Earn significant revenue
There are two ways to earn revenue:
- We activate our VPP when we expect critical peaks to occur and capture spot market revenues.
- We provide our VPP capacity as an ‘insurance policy’ to power retailers who are concerned about their ability to meet demand during critical peaking periods. We receive an ongoing standby payment based on the MW of insurance we offer and are required to deliver.
The second model is much more valuable because the earnings are more stable and predictable.
This also means you can also be paid for conducting routine generator testing.
Enhance emergency preparedness
Enhance emergency preparedness
By joining in our VPP, you’ll have more confidence that your backup system will perform in the event of a grid trip or failure. Participation provides:
- Improved testing practices - thoroughly test your backup power systems with the safety net of grid power to switch back to, should any potential issues be identified. Participation also addresses common backup generator testing shortfalls, which often fail to fully simulate the response required during a power failure.
- Advanced notification of possible grid events – we provide notifications which enable your team to proactively switch to backup power ahead of time.
- Payments for testing - by responding to a critical grid event, you can meet routine test requirements where they overlap, meaning a site can be paid to test its backup power systems.