Electric power brokerage/VPP

What is the electric power brokerage business?

The electric power brokerage business is a business that acts as an agent for power trading by brokering small-scale renewable energy power generation companies and power exchanges. This is a system that can generate additional revenue in addition to existing electricity income by predicting the amount of renewable energy generation in advance and keeping it within a certain error rate. The power brokerage business plays an important role in efficiently managing the power generation of small-scale renewable energy power generation companies and contributing to ensuring power grid stability and expanding the supply of new and renewable energy.

HYUNDAI SOLARTEC O&M system

Hyundai Solartec provides training on how to use professional systems and equipment for power plant design and construction that maximizes power generation efficiency. In addition, we identify and analyze abnormal signs through monitoring to maintain smooth operation of our customers’ solar power plants and minimize power generation losses. In the event of an abnormality, we respond quickly and manage it systematically to contribute to improving productivity through regular preventive inspections.

Participation in small-scale power brokerage business

Structure of power brokerage business

What is VPP?

A VPP, or Virtual Power Plant, is a system that aggregates and centrally manages Distributed Energy Resources (DERs) as if they were a single power plant. DERs refer to small-scale power generation facilities such as solar, wind, and Energy Storage Systems (ESS). As a technology that can enhance power grid stability, improve power quality and energy efficiency, virtual power plants are garnering increasing attention in South Korea recently.

*VPP : Virtual Power Plant
*DER : Distributed Energy Resources

VPP incorporating ICT technology

Benefits/Prospects

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