SA VPP Target Homes
Increased renewables adoption requires an updated power grid that can effectively manage variable output from wind and solar power generation and manage peak power demand periods with a variety of tools, including demand side flexibility and widespread demand response. The combination of falling costs and technology advancement in solar and battery storage has also driven recent growth in distributed-power supply and digital energy management solutions. These projects are referred to as ‘distributed’ because they are often located at customer sites ‘behind-the-meter’ and displace or reduce the customer’s reliance on grid delivered power. Quinbrook aims to be at the forefront of this important industry evolution which incorporates Community Energy Networks, smart-grids, electrification of vehicles and the growth of VPPs that aggregate multiple sites into valuable and manageable grid resources that are set to become a growing feature of the energy transition.
Quinbrook believes that distributed (or behind-the-meter) renewables and storage projects located on either (i) commercial, industrial premises and campus style installations or (ii) in or adjacent to high density communities, is a significant sub-sector in the transformation of the production and consumption of energy and offers a scalable growth opportunity. Quinbrook also views advances in machine learning and AI to offer significant value add potential through integration and optimization of Distributed Energy Solutions projects. As businesses and community organizations seek to gain greater security over the cost, reliability and carbon intensity of their electricity supply, co-located supply infrastructure and integration services could experience significant growth.
Quinbrook is proving up a pipeline of Distributed Energy projects across solar paired with battery storage, the development and construction of Community Energy Networks, the establishment of VPPs and demand side flexibility.