Energy Web Foundation announced that sonnen Group - one of the leading energy storage services provider in Germany - applies Energy Web Chain and EW Origin software to implement a virtual power plant (VPP) in the country. Thus, it will be possible to store the surplus of produced energy for its further distribution.
Germany is one of the EU countries with the most effective production of wind energy, with 5.4 TWh (Terawatt-hour) of renewables curtailed in 2018 and 3.2 TWh curtailed in 2019. And these numbers will increase with the growing necessity to use more green energy and protect the environment.
VPP is a set of distributed and decentralized units of power generation, such as wind farms, solar parks, and energy storage systems. In the region of North-Eastern Germany, sonnen’s VPP will implement blockchain technology to absorb the excess of produced energy by charging batteries.
Energy Web Foundation and Sonnen Group Launch Wind Energy Batteries Storage System In GermanyEnergy Web Origin will help sonnen to forecast the oversupply of the wind energy and match the data with the VPP storage capacity. Once the anticipated surplus energy is reported by the network operator, sonnen’s VPP will offer to absorb some of it and use EW Chain for the financial settlement. The solution will utilize EW Dai, a stablecoin on the Ethereum network.