Fusebox - Virtual Power Plant Participation
FUSEBOX – Virtual Power Plant Participation is one of the most promising ideas of Tallinnovation competition.
Problem: Wind turbines and solar panels do not generate electricity regularly. Due to changing weather conditions, electricity productivity is either too high or too low. However, demand is usually clearly structured.
Solution: Connect a number of different buildings to a virtual power plant to consume or save more or less electricity as needed.
Result: The Fusebox virtual power plant provides a service to the Baltic electricity system and earns revenue for electricity producers or electricity-producing buildings connected to the grid (finding consumers for instances of overproduction). The goal is to achieve 10-40% energy savings from indoor climate management.