Former watch trader is now building the AWS of grid storage, Terralyr
The startup innovatively modifies the virtual power plant model by aggregating batteries and selling portions to different customers.
MAIN POINTS
- The startup's technology is based on the virtual power plant concept.
- Batteries are aggregated to form a larger power source.
- Portions of the aggregated power are sold to various customers.
- This approach offers a new twist on traditional power distribution methods.
TAKEAWAYS
- The technology leverages battery aggregation for efficient power distribution.
- It provides a flexible solution for energy management and sales.
- Customers can purchase specific portions of the aggregated power.
- The model represents a modern approach to energy resource utilization.