Industry: Energy
Title: Virtual Power Plant Feasibility Study – First-of-Its-Kind in Göteborg Region
Overview Box:
- Client: Real Estate Portfolio Company, Göteborg
- Industry: Energy / Real Estate
- Service: Solution Providing & Engineering
- Duration: 4 months
- Team: Multidisciplinary (local + international experts)
Challenge: A forward-thinking real estate company managing 25+ commercial buildings wanted to explore building a virtual power plant (VPP) – interconnecting multiple buildings’ energy systems to participate in Sweden’s frequency regulation market. This would be first-of-its-kind in the Göteborg region.
The client lacked:
- Technical expertise to assess VPP feasibility
- Understanding of frequency regulation markets
- ROI projections and business case
- Implementation roadmap
They needed a comprehensive study to present to their board and potential investors.
Hisland’s Approach: We assembled a multidisciplinary team using our Hybrid Bridge Model:
- Local Hisland Project Manager: Single point of contact, cultural bridge
- Systems Engineering Expert: Analysis and architecture design
- Energy Market Specialist: Revenue opportunity assessment (remote, Denmark)
- Grid Integration Expert: Technical requirements (remote, Germany)
- Financial Analyst: ROI modeling (local partner)
This hybrid approach gave the client access to world-class expertise at a fraction of traditional consulting costs.
Solution Delivered: Phase 1: Current State Analysis
- Audited 25 buildings’ energy systems and consumption patterns
- Assessed existing infrastructure capabilities
- Identified optimization opportunities
Phase 2: Market Opportunity Assessment
- Analyzed Sweden’s FCR-N and FCR-D frequency regulation markets
- Revenue potential projections based on current market prices
- Regulatory requirements and grid connection procedures
Phase 3: Technical Design
- VPP architecture design interconnecting buildings
- Energy storage requirements (battery sizing)
- Control system specifications
- Grid integration approach
Phase 4: Business Case
- 10-year ROI projection
- Sensitivity analysis (market price scenarios)
- Implementation phases and timeline
- Risk assessment and mitigation strategies
Results: ✓ €2.3M revenue potential identified over 10 years from frequency regulation
✓ €800K additional savings from optimized energy management
✓ 30% more opportunities discovered than client initially estimated
✓ Pilot project greenlit by board based on our recommendations
✓ Payback period: 6.5 years (within acceptable range)
✓ Positioned client as innovation leader in sustainable real estate
✓ Media coverage in Swedish energy trade publications
Client Testimonial: “Hisland didn’t just deliver a report – they became our strategic partners. Their ability to coordinate international experts while maintaining clear local communication was impressive. The ROI projections were thorough and realistic, giving our board confidence to proceed with the pilot. We’re now moving forward with implementation, and Hisland remains involved as our technical advisor.”
— Maria Bergström, Sustainability Director, Real Estate Portfolio Company
Technologies & Methods: Energy management systems, frequency regulation markets, battery storage, grid integration, financial modeling, systems architecture
