Last day’s summary – for 1 kW installed capacity:
Welcome to Respondo AS
Respondo opens up a world of investments in renewable energy.
Green transition, or green restructuring, generally means change in a more environmentally friendly direction.
Latest news - Market information
Establishment of virtual power plants
with participants from Norway, Spain and Estonia, Respondo has established a concept of virtual Solar PV plants (VSPP) in Spain.
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About Respondo AS
Respondo was established in 2012 with a clear mission:
To introduce new ways to participate in emission-reducing projects and give all types of actors easy and direct access to renewable energy and energy efficiency with good long-term returns.
Respondo’s team has worked for over 40 years in power trading, energy efficiency and financing of renewable energy with a background in the Nordic power market and experience from a number of international establishments.
Since 2014, we have initiated and managed several projects, including upgrading heating plants. Introduction of LED lighting and various projects within renewable energy.
Together with existing partners of Respondo, we have since 2021manageg several innovative projects within solar energy in Spain, so-called Virtual Solar Power Plants (VSPP).The portfolio also includes hybrid virtual power plants.
From 2026 we will open the possibility for new customers to engage in Virtual Solar Power Plants, solar in combination with batteries.
🔋🔌Pilot project - a so-called VHPP.
Respondo is now introducing a pilot project on integrated solar energy, i.e. VSPP, and battery, a so-called hybrid power plant, VHPP.
The Virtual power contracts – results from 4 years of management
Respondo can now show the financial results together with estimates of reductions of CO2 emission (for physical contracts).
The results are based contract market prices, the spot market and Responos trading strategy for battery storage.
A VSPP in Spain with start December 1st 2021 and with 10 year duration, had an average Rate of Return of 15 % for the 4 year period. A 1 kW contract , in the case of physical delivery, would reduce CO2 emissions with 2500 kg, based on avoided emissions from natural gas fired plants.
Adding a 10 year battery contract for of 0,250 kW net with 1 kWh storage (creating a VHPP hybrid plant) from January 1st 2024 gave only marginal increase in Rate of Return, bur shifting delivery schedule would increase hourly average CO2 emission reduction estimates for a physical contract with almost 30 % in Q3 2025 compared to the solar plant as stand alone.
Since 2024 the cost of batteries has been further reduced and the Rate of Return on new solar/battery hybrid VHPP contracts may well increase over time.
For a detailed report, click here.
Get your own solar power plant
and you will receive
- documented evidence of reduced carbon footprint.
- revenue from the sale of electricity.
Experienced entrepreneurs
who have established and led successful international companies in energy and finance
Outstanding
network after 40 years in the energy sector
Experience from
energy investments from a number of countries
Experience from
strategies from development and marketing from digital platforms
Experience from
power markets, industrial companies, ministries and international organizations and with relationships with important decision-makers
Experience from
loan and insurance products and crowdfunding companies
Frequently used
speakers at international conferences and seminars
We need new innovative financing solutions
After decades of experience in both the energy and financial sectors, the team behind Respondo realized that there was one element missing:
how to mobilize the smaller projects and the smaller investors.
Until now, there have been insufficient effective alternatives for individuals and small businesses to participate in climate projects.
Our vision has therefore been to establish a platform where everyone can participate in the green energy market.
The difference between buying green stocks and a VSPP
The difference between buying green stocks and a VSPP
The green stock market has been very challenging in recent years, but this is often due to unrealistic valuations at IPOs, again based on optimistic plans for the future.
Development of solar energy reduces CO2 emissions
In all VSPPs, daily reports are provided that documents how the solar energy generation from your VSPP gives reductions in your carbon footprint.
What is a Virtual Solar Power Plant?
A virtual power plant is a contract that is often used in the professional electricity market and is now available to the public for the first time.
You will own a so-called Virtual Solar Power Plant (VSPP).
Since the sun in Spain can generate electricity equivalent to about 2,000 hours of full power each year, this gives you as the owner of a 1 kW VSPP up to over about 2,000 kWh each year, which you can sell to the market.
You will buy the virtual plant at market price and then sell the power on the electricity market, just like all other owners of solar power plants.
As a buyer and investor in such a contract, you sell the solar power at market prices and receive the income every month.
You will also receive green certificates of origin that document that you are the owner of green energy and that this reduces your carbon footprint. The reduction in CO2 emissions is also calculated and documented.
