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Delivering ESS based VPP Business model and Financial model in Malaysia with TNB

말레이시아 TNB와 ESS 기반 VPP 사업·재무 모델 구축

Delivering ESS based VPP Business model and Financial model in Malaysia with TNB

Background & Objective

In order to develop ESS based VPP (Virtual Power Plant) Business models and Financial model in Malaysia, we cooperatrd & co-invested with TNBR( TNB Research Sdn. Bhd.) which has been the in-house solution provider for Tenaga Nasional Berhad (TNB) since 1993.

Through this collaboration with TNBR, we delivered EIP VPP Platform, HW (ESS: Battery + PCS/PMS), VPP Business Models and Financial Models.

The following are the objectives of this project.

  1. Developing & customizing Malaysia electricity market oriented VPP platform and do EPCC ESS(Energy Storage System, 4MWh) on demonstration sites

  2. Developing & verify VPP business models and financial models based on VPP Platform

  3. Proposing VPP related policy & regulation aligning with VPP business models and financial models

  4. Operating ESS resources on client sites

  5. Interfacing with GSO(Grid System Operator) systems to utilize VPP resources


  1. Delivered VPP business models and financial models

  2. Delivered VPP Platform to manage DERs based on VPP business models and financial models

  3. Delivered OpenADR2.0 and TASE.2 based protocol converter(HW/SW)

  4. Delivered multi protocol converter(client box)

  5. Delivered ESS operating safety guide


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