{"id":18062,"date":"2022-09-29T13:48:00","date_gmt":"2022-09-29T03:48:00","guid":{"rendered":"https:\/\/www.originenergy.com.au\/blog\/?p=18062"},"modified":"2024-05-27T10:40:16","modified_gmt":"2024-05-27T00:40:16","slug":"origin-loop-virtual-power-plant","status":"publish","type":"post","link":"https:\/\/www.originenergy.com.au\/blog\/origin-loop-virtual-power-plant\/","title":{"rendered":"Introducing Origin Loop \u2013 our Virtual Power&nbsp;Plant"},"content":{"rendered":"\n<p class=\"is-style-lead\">The future of energy is here. Where we work together to create, share and manage power.&nbsp;Origin Loop is&nbsp;the new energy grid \u2013 it&#8217;s&nbsp;smart, connected&nbsp;and agile. Find out how you can join a community of savvy energy users and be at the forefront of change here in Australia.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What is Loop?<\/h2>\n\n\n\n<p>Until recently, all the electricity you used in your home or business came from large power stations&nbsp;transported through power lines and distribution networks.&nbsp;With more Australians generating their own electricity with rooftop solar and storing it in batteries, what if we could virtually connect thousands (or even millions) of&nbsp;batteries and&nbsp;assets across countless locations and combine them into one big power station?&nbsp;&nbsp;<\/p>\n\n\n\n<p>Loop is&nbsp;the name we&#8217;ve given to&nbsp;our&nbsp;<a href=\"https:\/\/www.originenergy.com.au\/blog\/virtual-power-plant\/\" target=\"_blank\" rel=\"noreferrer noopener\">Virtual Power Plant&nbsp;(VPP)<\/a>&nbsp;that allows customers to be part of a smart, connected energy network,&nbsp;contribute to a cleaner energy future&nbsp;and be rewarded for it.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Loop-connected&nbsp;product and&nbsp;services include&nbsp;home&nbsp;solar&nbsp;batteries,\u202fEVs with smart chargers, connected hot water systems, and&nbsp;our&nbsp;energy&nbsp;saving reward program, Spike.&nbsp;&nbsp;<\/p>\n\n\n\n<p>And now&nbsp;we\u2019re&nbsp;inviting&nbsp;more&nbsp;customers across&nbsp;Australia to&nbsp;join the&nbsp;Loop.&nbsp;&nbsp;<\/p>\n\n\n\n<iframe loading=\"lazy\" src=\"https:\/\/omny.fm\/shows\/sowatt\/everyone-s-connected\/embed\" width=\"100%\" height=\"180\" frameborder=\"0\" title=\"Everyone\u2019s Connected\"><\/iframe> <figcaption><center><p>On the season finale of our So Watt? podcast, we delve into virtual power plants and the benefits for customers<\/figcaption><\/center><\/p><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">How can I get involved? <\/h2>\n\n\n\n<p>One way to get involved, if you&nbsp;live&nbsp;in Victoria, New South Wales or Queensland, is&nbsp;to&nbsp;purchase an&nbsp;eligible\u202fLoop-connected&nbsp;home battery from Origin.&nbsp;Using smart technology,\u202four VPP\u202fwill&nbsp;charge and discharge your battery to manage\u202fand meet demand&nbsp;across the energy network&nbsp;during peak times.\u202f&nbsp;<\/p>\n\n\n\n<p>Not only will you get a $1,500 discount* on the battery purchase cost,&nbsp;but&nbsp;you\u2019ll&nbsp;also&nbsp;receive $240 in credit on&nbsp;your&nbsp;electricity bill&nbsp;\u2013&nbsp;guaranteed\u202fevery year for\u202ffive&nbsp;years.&nbsp;<\/p>\n\n\n\n<p>You\u2019ll&nbsp;always get more value back in credits from us than what we extract from the battery\u202f\u2013 we\u2019ll never extract more than 200kWh from your battery&nbsp;per year.\u202f&nbsp;<\/p>\n\n\n\n<p>And if you&#8217;re in&nbsp;South Australia,&nbsp;don\u2019t worry \u2013&nbsp;we\u2019ll&nbsp;be&nbsp;bringing&nbsp;an&nbsp;Origin&nbsp;Loop battery offer to you soon. So, it won\u2019t be too long before you can join the Loop!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What if I can&#8217;t afford a home battery or don&#8217;t have solar?<\/h2>\n\n\n\n<p>Spike is a simple, free&nbsp;and rewarding&nbsp;way for Origin customers to be part of Loop today.&nbsp;To be part of Origin Spike, all you need is a smart meter. And if you don\u2019t have a smart meter,&nbsp;but&nbsp;live in Queensland,&nbsp;<a href=\"https:\/\/spike.originenergy.com.au\/help-support\/upgrading-your-basic-meter-with-spike-r1gYYWONu\" target=\"_blank\" rel=\"noreferrer noopener\">you&nbsp;may be eligible to get one installed at no cost<\/a>.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Once&nbsp;you\u2019re&nbsp;part of Spike,&nbsp;you\u2019ll&nbsp;be invited to take part in weekly Spike Hours and rewarded for reducing your energy usage with Spike Points that can redeemed for cash.&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What can Loop do?<\/h2>\n\n\n\n<p>On hot, sunny days when energy demand&nbsp;is high,&nbsp;Loop can&nbsp;send renewable energy&nbsp;stored in&nbsp;home&nbsp;batteries&nbsp;into the grid&nbsp;\u2013 helping&nbsp;boost energy supply across the network.&nbsp;<\/p>\n\n\n\n<p>Loop&nbsp;can&nbsp;also&nbsp;turn hot water&nbsp;storage&nbsp;systems into batteries by pre-heating&nbsp;them&nbsp;during the day when&nbsp;there\u2019s&nbsp;lots of extra solar energy flowing around the grid&nbsp;\u2013&nbsp;so&nbsp;customers&nbsp;can enjoy hot&nbsp;solar-powered&nbsp;showers&nbsp;at&nbsp;night.\u202f\u202f&nbsp;<\/p>\n\n\n\n<p>Loop also brings more than&nbsp;60,000 homes together each week to participate in&nbsp;SpikeHours&nbsp;\u2013&nbsp;reducing&nbsp;energy use during peak times and&nbsp;earning&nbsp;rewards&nbsp;in the process.&nbsp;Since we launched,&nbsp;Spike customers have&nbsp;earned&nbsp;more than&nbsp;$2&nbsp;million in Spike Points!&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How exactly does it work?<\/h2>\n\n\n\n<p>Some incredibly smart people at Origin built the Artificial Intelligence (AI) that powers Loop to help coordinate and orchestrate thousands of connected, remote energy assets virtually via the&nbsp;cloud.&nbsp;<\/p>\n\n\n\n<p>To do this,&nbsp;Loop\u202fdraws on a range of data to manage and deliver power in real time including weather forecasts, usage data, market trends,&nbsp;and&nbsp;historical energy consumption.\u202f&nbsp;<\/p>\n\n\n\n<p>Loop\u2019s AI also&nbsp;interacts with the&nbsp;rest of the National Electricity Market (NEM)&nbsp;and&nbsp;with&nbsp;Origin\u2019s&nbsp;large scale&nbsp;generation&nbsp;assets&nbsp;so&nbsp;we\u2019re able to&nbsp;coordinate&nbsp;these&nbsp;remote assets in the most effective way.&nbsp;<\/p>\n\n\n\n<p>With more energy now being generated, stored and used in homes and business across the country, it\u2019s\u00a0a smarter way to move electrons around the\u00a0grid.\u00a0<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-horizontal is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-1 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.originenergy.com.au\/solar\/panels-batteries\/virtual-power-plant.html\">Learn more about Origin Loop<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><em>*$1,500 discount applies to battery retrofits. If battery is purchased as part of a solar battery package, discount increases to $2,000. Offer valid 3 October 2022 to 30 December 2022.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Origin Loop is\u00a0the new energy grid \u2013 it&#8217;s\u00a0smart, connected\u00a0and agile. Find out how you can join a community of savvy energy&nbsp;users.<\/p>\n","protected":false},"featured_media":18063,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[108],"tags":[49,29,87],"oe_author":[],"class_list":["post-18062","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-future-energy","tag-solar","tag-solar-batteries","tag-vpp"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.originenergy.com.au\/blog\/wp-json\/wp\/v2\/posts\/18062","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.originenergy.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.originenergy.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.originenergy.com.au\/blog\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.originenergy.com.au\/blog\/wp-json\/wp\/v2\/comments?post=18062"}],"version-history":[{"count":0,"href":"https:\/\/www.originenergy.com.au\/blog\/wp-json\/wp\/v2\/posts\/18062\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.originenergy.com.au\/blog\/wp-json\/wp\/v2\/media\/18063"}],"wp:attachment":[{"href":"https:\/\/www.originenergy.com.au\/blog\/wp-json\/wp\/v2\/media?parent=18062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.originenergy.com.au\/blog\/wp-json\/wp\/v2\/categories?post=18062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.originenergy.com.au\/blog\/wp-json\/wp\/v2\/tags?post=18062"},{"taxonomy":"oe_author","embeddable":true,"href":"https:\/\/www.originenergy.com.au\/blog\/wp-json\/wp\/v2\/oe_author?post=18062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}