China-Malaysia Virtual Power Plant Project Achievements Released Via Online Forum
The 'China-Malaysia Virtual Power Plant Project Achievements Conference and China-Malaysia Virtual Power Plant Development Cloud Forum' was held online by SPIC Shanghai Energy Technology Development Co., Ltd. to jointly explore the development trend of virtual power plants under the worldwide green and low-carbon transformation.
December 30, 2022. By News Bureau

Shanghai Energy Technology Development Co., Ltd. (SETD) is a subsidiary of China's State Power Investment Corporation Limited which is one of the five largest power generation groups.
This event is of great significance for China and Malaysia in the cooperation of virtual power plant business and promotes the green and low-carbon energy transformation.
As an important configuration in the transformation of new power system, virtual power plant has become increasingly mature in policy support, technical verification and business model, etc.
In 2022, SETD, together with domestic and Malaysian universities and counterparts, led the preparation of the research report Development Potential Analysis and Cooperation Prospect of VPP in China and Malaysia both in English and Chinese.
The report offers an in-depth analysis of the energy and power development status of China and Malaysia and the development potential of virtual power plants in the two countries.
It also puts forward a preliminary design of the operation scheme of virtual power plants in Malaysia, as well as suggestions for bilateral cooperation in this field.
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