Public IoT Solution Provider
Small-scale trading of distributed energy resources
What is small-scale trading of distributed energy resources?
This is a business that offers electricity and renewable energy certificates (RECs) by collecting renewable energy, energy storage systems (ESS), electric vehicles, and other small power generating resources below 1 MW on the network system without causing physical damage.
Small-scale trading of distributed energy resources can be integrated with a virtual power plant; this business model will simultaneously process O&M of small-scale distributed energy resources and mediate power exchanges between the Korea Power Exchange (KPX) and small-scale distributed energy resources once there are legal and regulatory supports for virtual power plants.