In Europe alone, at least 286 remote islands distanced from mainland grids exist. These isolated island grids are often heavily diesel-dependent, incurring high electricity costs and subject to fluctuating fuel prices. This is a barrier for local economic development, for improving living standards and for reducing carbon emissions.
Many island utility operators aim to replace diesel with renewable generation to reduce costs and reach renewable targets. However the main challenge of integrating intermittent renewable energy is the ensuing complexity of balancing the grid and maintaining reliability and stability. In effect this can cap the amount of renewable energy which can be efficiently integrated.
With Dong Energy’s virtual power plant technology and Schneider Electric’s market-leader distribution grid field devices and management systems, the partners will address these crucial environmental issues. The aim is to create a new platform offering real-time generation and demand forecasting, monitoring and control.
About Schneider Electric
As a global specialist in energy management, with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments. The Group has leadership positions in Utilities & Infrastructures, Industries & Machines Manufacturers, Non-Residential Buildings, Data Centers & Networks and in Residential.