Sunverge and LG Partner on Residential Virtual Power Plant Project

Solution Offers Holistic Flexible Load Management and Local System Resiliency, Features Sunverge Real-time DER Control, Orchestration and Aggregation Platform; LG ESS; LG ThinQ Energy App; and Eaton Energy Management Circuit Breakers

SAN FRANCISCO--(BUSINESS WIRE)--LG Electronics USA and Sunverge Energy are collaborating on a groundbreaking residential virtual plant project with customers in Northern and Central California - one of the first pilot programs in the United States to incorporate both load control and PV/energy storage control holistically.


This unique project, which is expected to be operational in the first quarter of 2022, explores ways in which intelligent and dynamic load control and solar/energy storage can be aggregated as dynamic multi-service and multi-asset VPPs, "creating value on both sides of the meter and helping utilities transition to more resilient and flexible distribution grids," according to Martin Milani, CEO of Sunverge Energy, provider of an industry-leading distributed energy resource (DER) control, orchestration and aggregation platform.

To deliver grid and consumer services to 100 homes in Pacific Gas and Electric Company's service area of Northern and Central California, the PG&E Battery Storage Pilot Program will use LG's energy storage systems and Sunverge's DER software platform. The project also incorporates energy management circuit breakers from Eaton Corp., enabling the Sunverge platform's holistic load control capabilities, in addition to energy storage and solar photovoltaic control orchestration and aggregation.

"The project will evaluate a number of program design elements, including time of use and real-time pricing signals, load shaping and shifting, event-based demand response as well as contingency reserve, frequency regulation and voltage support ancillary services. This is an important project that we are excited to be a part of," said Milani.

Stephen Hahm, energy vice president at LG Electronics USA, said, "Utilities are increasingly seeing the value that distributed clean energy resources, combined with energy storage and intelligent control and orchestration, can add real value to consumer, communities, grid and the utilities themselves." In addition to the LG energy storage systems and ThinQ Energy app, some homes in the PG&E pilot project are expected to incorporate LG's high-efficiency solar modules, he explained.

Sitting on top of the LG hardware and the Sunverge DER platform and optimization algorithms, the LG ThinQ Energy app "provides a platform for homeowners to engage with their home's energy profile in new and creative ways." Hahm added. For instance, the LG ThinQ Energy mobile app unlocks value by enabling customers to view and control their home's solar generation, battery storage and load control.

About Sunverge Energy

Sunverge Energy provides the leading open dynamic platform for Virtual Power Plants (VPPs), a grid-aware and dynamic power source built from the aggregation of behind-the-meter distributed energy resources (DERs). The Sunverge real time DER control, orchestration and aggregation platform is unique in providing dynamic multi-objective optimization of services on both sides of the meter, helping customers with intelligent management of their own renewable energy generation and utilities with greater flexibility in managing their infrastructure investments, reducing generation costs, increasing system reliability, and meeting their renewable energy goals. Together with the Sunverge Infinity edge controller, the Sunverge VPP platform provides intelligent dynamic near real-time control over decentralized energy resources that is efficient, reliable, and responsive to utilities and their customers. For more information please visit http://www.sunverge.com/

About LG Electronics USA

LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $56 billion global innovator in technology and manufacturing. In the United States, LG sells a wide range of innovative home appliances, home entertainment products, mobile phones, commercial displays, air conditioning systems, solar energy solutions and vehicle components. LG is a seven-time ENERGY STAR® Partner of the Year. The "Life's Good" marketing theme encompasses how LG is dedicated to people's happiness by exceeding expectations today and tomorrow. www.LG.com.



Contacts
Media:

Jared Blanton, Antenna Group for Sunverge
415-712-1417
jared.blanton@antennagroup.com

John I. Taylor, LG Electronics USA
201-816-2166
john.taylor@lge.com

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