Karit has partnered with NZ’s largest energy retailer, Genesis, to launch its first virtual power plant (VPP) in the Wairarapa.
Douglas Park School, Ata Rangi Winery and residents from Genesis’ Local Energy Project in South Wairarapa are now generating, storing, sharing and selling energy, through a Karit-managed VPP.
Karit’s Bruce Emson says their technology can help transition New Zealand to 100% renewable electricity generation by 2035 and carbon neutrality by 2050.
“We’re delighted that Genesis is willing to trial our technology. Not only can it reduce New Zealand’s reliance on traditional forms of energy, but it has the potential to help transform the electricity sector by allowing consumers to directly participate in the market.”
“This trial includes three very different types of customer with completely different energy profiles. It is a great opportunity to demonstrate just how flexible the Karit VPP management system is and how it can work to benefit a vide variety of energy consumers.”