By ESS news
A new gigawatt-scale VPP project launched by Jiangsu Electric Power Co. under State Grid Corp. from China, will bring together appliances such as air conditioners and electric water heaters from millions of Chinese households.
By leveraging advanced technologies such as big data, Internet of Things and AI, the VPP will enable more efficient load management, especially during peak summer and winter seasons. Homeowners will be able to participate in demand response programs and receive financial incentives to adjust their energy consumption.
“When electricity demand is forecast to be tight, the grid operator will send invitations to residents via their mobile devices, encouraging them to adjust the temperature settings of high-powered appliances to reduce consumption and earn rewards on their electricity bills” , said Duan Meimei. , head of the charging management center at Jiangsu Electric Power, in a recent interview with the Xinhua News Agency.
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