This first Performance Report outlines the methodologies and data that will be employed to measure the following outcomes: network value, customer value, aggregator value, supplier value.
Report extract
Rheem has commenced a multi-year project with support from the Australian Renewable Energy Agency (ARENA) and the Government of South Australia under its Demand Management Trials program. The project seeks to demonstrate that hot water systems can provide aggregated demand response within a Virtual Power Plant (VPP) and deliver wholesale market value and potential Frequency Control Ancillary Services (FCAS) value to participating customers, supporting stabilisation efforts on the South Australian grid and enabling load shifting to reduce the solar duck curve.