Statkraft plans 1GW solar, wind, storage “virtual power plant” in UK

Global hydropower and European renewable energy giant Statkraft announced Tuesday plans to build what it is calling the United Kingdom’s first virtual power plant to integrate wind, solar, battery storage, and gas which will have over 1GW of power. Statkraft explained on Tuesday that the new virtual power plant will monitor the operations of over 1GW worth of wind power, solar power, battery storage, and flexible gas engines and will compare it with the constantly updating Day Ahead, On-the-Day, and cashout price forecasts. This will allow for real-time optimisation of power trading in the British energy market.