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06
Mar
2017
Reposit Power's Building a Virtual Power Station to Take on Traditional Suppliers

Reposit Power's Building a Virtual Power Station to Take on Traditional Suppliers

06 Mar 2017


The co-founder of energy management group Reposit Power says he is building a virtual power station one battery at a time and "big power" companies take him on at their peril.

Dean Spaccavento said Reposit is adding more than a megawatt of battery capacity a month - equivalent to 200 batteries at an average 5KW capacity - to its virtual power station or distributed energy network.

He said big power companies could try to compete with Reposit's virtual power station by building a conventional generator at a fixed cost per megawatt hour "but it's competing against ours and it will lose".

The energy revolution described by Mr Spaccavento is similar to Uber or Airbnb: It uses - and pays for - assets owned by customers only as they're needed to meet demand spikes and avoid blackouts. 

Source: afr.com


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