Kaluza, the smart energy platform owned by the Ovo Group, has teamed up with domestic battery supplier Powervault to create a new source of flexibility for the power grid.
The partnership will allow Powervault 3 energy storage systems to be aggregated together to form a virtual power plant. They will initially be used to offer flexibility services to distribution network operators seeking to manage local grid constraints.
The Kaluza platform will optimise the operation of the batteries to generate earnings for customers and lower their energy bills whilst also ensuring their own needs are adequately met.
“Electrifying our grid requires a new energy system to connect every kind of smart device,” said Ovo Group chief executive and founder Stephen Fitzpatrick.
“Creating this diverse and distributed network will give customers more choice, more security and more value.
“Powervault is a pioneer in battery storage and we look forward to working with them as we transition to an intelligent zero-carbon grid.”
Powervault chief executive Joe Warren said: “We are delighted to work with Kaluza as the UK leaves fossil fuels behind in the move to zero-carbon alternatives.
“By dynamically storing energy off-peak, both customers and grid operators can enjoy lower energy bills, at no cost to the planet.”