What is a Virtual Energy Network?
The VEN enables excess energy generated and/or stored from a solar system to be distributed to other sites or members of the network. The platform transforms the way in which energy is managed from the traditional site-by-site model to a model which allows control over how energy is sourced, generated, stored and who it is distributed to – such as your other owned properties, staff, suppliers or tenants.
Site 1: Solar generator
Excess energy is metered through the VEN for distribution to other participating sites.
Energy distributors
Greenlight the project and regulate the amount of energy that can be exported/sold to effectively manage
the grid.
Commercial VEN sites
Excess energy from the solar generator is sold at competitive rates to other commercial participants in the VEN.
Residential VEN sites
Residential homes of employees, suppliers etc can be partially powered, at competitive rates by solar power generation from site 1.
VEN energy retailer partners
Standard retail billing processes are coordindated by VEN energy retailer partners.
Benefits of a virtual energy network
How does it compare?
The VEN has far greater capabilities than similar disruptive energy solutions such as Virtual Power Plants (VPPs) and microgrids.
| VEN | VPP | Micro-grids | |
|---|---|---|---|
| Sell your own energy at your own rate | |||
| Maximise solar exports | |||
| No integrations costs | |||
| Doesn’t require batteries* | |||
| Uncapped revenue opportunities from demand response, management and frequency control |
The energy management unit
The VEN uses innovative hardware and software to create an intelligent Energy Management Unit (EMU).
It provides energy generators with detailed behind-the-meter visibility of their energy use and trading potential with advanced control capability to act on these insights.
The centrally controlled energy eco-system allows users to monitor, remotely control and optimise how they use, store and trade energy.
Keep track of every kilowatt
Our dashboards help you keep track of your energy usage. With different views, you can keep track of every aspect.
