A Virtual Power Bank (VPB) is a network of solar photovoltaic (PV) and battery systems working together to generate and store energy. This allows participating households and businesses to achieve 90% renewable energy consumption and end reliance on the traditional grid.
The systems are connected by advanced aggregation and control software that was developed by Australian engineers.
With 1,000-plus households and businesses involved in the movement, the VPB can provide 6.5MW of solar at peak, 7.6GWH of energy per year and displace 7KT of carbon emissions (CO2-e) every year.
However, the real value of a VPB is about supporting regional infrastructure reliability, voltage issues and reducing energy peaks.