JIAXING, China, 19 August 2024 /PRNewswire/ — “After joining the virtual power plant response, the factory adjusted the production plan by arranging production tasks with low power consumption during the ‘peak cutting’ period and those with high power consumption during the ‘valley filling’ period. This not only minimizes the impact on production but also enables significant benefits to be obtained.” 9 AugustWhen staff from State Grid Pinghu Power Supply Company visited Zhejiang Jingxing Paper Co., Ltd. for a follow-up visit, the company manager in charge, Lu Jianxing, introduced: “Last week, we actively participated in the response and are expected to receive a subsidy of about 100 million yuan. 840,000 yuan.”
Since August, the weather in Pinghu has become increasingly hot. In response to the power supply challenges caused by the extremely high temperatures, 5 August to 9 AugustThe Pinghu City Load Management Center organized a round of evening peak load control. A total of 299 households participated, with an average load of 28,800 kilowatts and electricity consumption of 690,000 kilowatt hours. The province is expected to receive a subsidy of 2.04 million yuanAt the same time, Pinghu City has launched an emergency control subsidy plan for users with customizable capacities such as energy storage, diesel power generation, and self-owned power plants, and initiated responses through virtual power plants. A total of 16 energy storage users and 2 self-owned power plants participated, and it is expected to issue a municipal subsidy of 320,000 yuanby using the “hand of the market” rather than giving government instructions to regulate the balance in the electricity grid.
“The afternoon and evening are the peak times for electricity consumption in the city. During this time, some factories, energy storage facilities and shopping malls can reduce their electricity load by increasing the temperature of air conditioning systems and adjusting the construction time. Added together, this is equivalent to adding a new generator set without adding an inch of land or consuming an additional ton of coal.” Wu Jiathe director of the marketing department of the State Grid Pinghu Power Supply Company, announced that the load management center of Pinghu City organized seven virtual calls for peak load shedding of power plants this summer, and the maximum response load exceeded 12,000 kilowatts several times.
Currently, the “virtual power plant” in Pinghu brings together 118 users, including industrial enterprises, energy storage facilities and self-powered power plants. The maximum capacity of the resource pool is 101,000 kilowatts, which is equivalent to about 9.4% of the local maximum social burden in 2024.
