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Australian blockchain pioneer Powerledger’s Montreal Commons project is set to be one of the world’s first carbon neutral apartment buildings. During times of peak demand they can then buy back electricity from the on-site battery at an agreed price.
One company, Delta Electronics, said it could run its operations off battery power in order to ease the strain on the grid. German battery maker sonnen operates VPPs in Germany and California. Meanwhile, MarkNtel Advisors puts the VPP market’s CAGR at 20.2 percent up to 2025.
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