RACV is pleased to offer Virtual Power Plants (VPPs) as a new product for business customers following its successful installation of one of Australia’s first VPPs of its kind at RACV’s Torquay and Inverloch resorts.
This innovative energy solution captures, stores, and releases energy while contributing to grid reliability. RACV’s own VPP is one of the first to participate in the very-fast Frequency Control Ancillary Services (FCAS) market managed by the energy market operator.
A VPP is a network of solar batteries connected through advanced software systems to operate as a unified energy source. This technology stores energy, making it available to the grid during times of peak demand.
RACV General Manager Energy Services Greg Edye said that following its own successful deployment of a VPP, RACV was pleased to offer its Virtual Power Plant product to help other businesses contribute to a cleaner energy future.
“By installing a Virtual Power Plant at our resorts, we have been able to realise a range of commercial benefits such as managing energy costs and generating revenue, at the same time as contributing to grid stability by feeding energy back into the grid during periods of high demand,” Mr Edye said.
“We are pleased to now be offering our VPP product to our commercial and industrial customers.”
The RACV Virtual Power Plant has been delivered in collaboration with PowerSync Technologies and aggregates over one megawatt of battery capacity from the Torquay and Inverloch resorts – the storage equivalent of approximately 20 average electric vehicle batteries.
To learn more about the RACV Virtual Power Plant and how it can help your business, visit the RACV Virtual Power Plant information page.
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Further information
Since 1903, RACV has been one of Australia’s most trusted brands and is the largest member organisation in Victoria.
RACV is proud to provide exceptional experiences for our members and customers through a range of products and services across motoring and mobility, home, energy and leisure. These include emergency roadside assistance, motor insurance, home insurance, home trades and an increasing range of options in the cleaner energy space, such as RACV Solar. We have 10 clubs and resorts across Australia and offer a range of domestic and international holiday packages, tours and cruises from our trusted travel partners.
The information provided is general advice only. Before making any decisions please consider your own circumstances and the Product Disclosure Statement and Target Market Determinations. For copies, visit racv.com.au. As distributor, RACV Insurance Services Pty Ltd AFS Licence No. 230039 receives commission for each policy sold or renewed. Products issued by Insurance Manufacturers of Australia Pty Ltd ABN 93 004 208 084 AFS Licence No. 227678.
RACV Trades is a trading name of RACV's trade partner, Club Home Response Pty Ltd (Victorian registered domestic building practitioner number CDB U 100178). All works are performed or arranged by Club Home Response Pty Ltd. trading as RACV Trades.
Contact details:
RACV Media
Phone: 0417 041 398
Email: [email protected]