Lithuanian developer Inion Software has launched a virtual power plant (VPP) platform for storage and distributed energy assets. The company has dual aims: it is currently operational in Lithuania’s balancing market and expanding, while it also has a goal of rolling its VPP platform out as a white-label offering for energy companies and aggregators under their own brands.
In Lithuania, Inion has currently connected 30 assets with a combined capacity of 160 MW, with the aim to aggregating the assets as a single portfolio across locations. The software also manages individual assets for charging, discharging, or adjusting output from solar or wind plants, helping them participate in the balancing market. In addition, the platform can also control multiple battery containers at the same site separately. Each container can have its own daily schedule and receive individual charging and discharging commands.
Inion notes that the system can handle all balancing markets simultaneously across mFRR, aFRR, FCR, and day-ahead, intraday, and custom scenarios. It also said it uses “standard hardware at energy sites”, while its software connects the equipment to the platform and handles control.
White-label option
“We can offer the VPP as a white-label product,” said Šarūnas Stanaitis, CEO of Inion Software. “One of our strengths is integrating the hardware with the platform, which can be a difficult part of VPP deployment. Expanding this product outside Lithuania is one of our targets.”
Cross-border expansion of European VPP software is often slowed by local regulations and fragmented TSO frameworks, limiting expansion prospects for companies that interact with grids. The company notes, as a white-label option, the architecture pairs standard hardware at the energy sites with Inion’s software to handle the equipment connection and control logic.
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