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Through advanced forecasting technology and integrated operations,
efficient management of VPPs (Virtual Power Plants) contributes to stabilizing
the power market and maximizing profitability for customer power plants.

VPP

Overview

LG Energy Solution’s power trading business connects renewable power plants with the electricity market through an ESS and ICT-based Virtual Power Plant (VPP) platform. As a leading participant in Korea’s renewable energy bidding pilot project, the company has pioneered multiple industry-first initiatives including the nation’s first stand-alone ESS power plant linked to the distribution grid and demonstration projects that alleviate nighttime grid overloads using ESS. Through these efforts, LG Energy Solution is advancing grid stability, enhancing market efficiency, and contributing to the sustainable growth of the energy ecosystem.

Diagram showing VPP connected with Hydropower, Wind Power, Government, Residential & Office, Power Suppliers, Industrial, EV, Energy Storage, and Solar Power. Includes Electricity market operator signals.

EaaS

Energy-as-a-Service (EaaS) represents a new paradigm that goes beyond traditional energy production and consumption by delivering integrated solutions encompassing power generation, storage, trading, and optimization. Through this service, customers can entrust the entire energy management process to the platform - free from operational complexity while achieving greater efficiency and profitability.
By leveraging AI-driven technologies and its extensive experience in operating ESS and renewable energy systems, LG Energy Solution continues to expand innovative and sustainable energy services across global markets, redefining how energy is managed and utilized.

Key Features

Integrated Resource
Operation Capabilities Proven scenarios and expertise in operating diverse stand-alone and hybrid resources, including large- and small-scale solar, wind, and ESS.
The first and largest stand-alone ESS power plant connected to the distribution grid Korea’s first and largest stand-alone ESS providing real-time correction of forecast errors caused by weather fluctuations and ensuring grid stability.
AI/ML-based
Solutions Two-step processing of optimal weather and generation data, reflecting seasonal and geographical conditions, to deliver site-optimized forecasting solutions.
Integrated Management Platform ICT-based platform enabling real-time profit monitoring, bid result tracking, and data analysis for convenient and transparent service utilization.
Customized
Services Customized operational strategies and services reflecting each customer’s energy usage patterns and business environment.
Market & Policy-specialized Response Proactive response to energy market and policy changes by dedicated experts, enabling risk-free business operations.

Service Offerings

VPP Operation

Integrating distributed energy resources into a single virtual power plant, providing functions such as generation forecasting, real-time power trading, and grid stabilization.

AI Based bid&dispatch optimization

Delivering end-to-end support from developing customized bidding strategies to executing power market transactions on behalf of customers.

Renewable Energy Forecasting

Utilizing weather data, facility information, historical operation records, and AI models to deliver highly accurate generation forecasts.

Distribution Load Relief (NWAs)

By utilizing stand-alone ESS connected to the distribution grid, congestion can be bypassed and efficient power distribution enabled, thereby improving transmission and distribution efficiency while contributing to grid stability.

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