Towngas Smart Grid Project Wins Silver Award at APEC ESCI Best Practices Awards
The Hong Kong and China Gas Company Limited (Towngas) has been recognized with a silver award at the 7th Asia-Pacific Economic Cooperation (APEC) Energy Smart Communities Initiative (ESCI) Best Practices Awards. The award was given for their project titled 'Shenzhen Urban-Style Smart Grid Innovation: Energy as a Service & Virtual Power Plant Practice.' This project, developed in collaboration with the Shenzhen Power Supply Bureau of China Southern Power Grid and Tsinghua University, integrates distributed photovoltaic systems with battery energy storage systems to form a virtual power plant. This setup not only supplies electricity but also provides ancillary services to the power grid, addressing challenges such as power supply and demand imbalances and land scarcity. The project highlights the collaboration between industry, government, and academia in energy innovation.