A study will be carried out in the Latrobe Valley this year to investigate whether a virtual microgrid can be set up in the area.
A virtual microgrid is a marketplace which allows connected energy users to buy and sell electricity at a local level, and ultimately would allow up to 200 dairy farms to trade electricity among themselves.
The Australian Renewable Energy Agency has announced a $370,000 grant to conduct a feasibility study, which would assess how a virtual microgrid would impact the region. The study is being led by Brooklyn-based energy company LO3 Energy and is expected to be completed by the end of the year.
If successful, the microgrid could be rolled out in 2019.
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