A Virtual Power Plant (VPP) connects flexible, decentralized power units (home storage, EV batteries, heat pumps, etc.) through software to form a collective power plant.

These units can be collectively controlled, allowing the generated or consumed electricity to be sold or purchased together on the electricity markets.

Regarding EV batteries, this allows us to continuously adjust charging times according to the most favorable prices in intraday electricity trading, thus conducting the most cost-effective charging process.

Overall, this can result in cost savings of up to 60% compared to a non-optimized charging process. On days when electricity prices fluctuate significantly in intraday trading, the cost savings can be even higher.

However, it is important for your vehicle to be continuously connected to your charging station at night, as otherwise we cannot calculate charging optimization.