Virtual Power Plant Market Outlook 2023: Top Companies, Trends and Future Prospects Details for Business Development

The global virtual power plant market was valued at $762 million in 2016, and is expected to reach at $4,587 million by 2023, registering a CAGR of 25.9% from 2017 to 2023. Virtual Power plant (VPP) comprises of a multitude of decentralized, grid-connected energy units installed as an integrated component for flexible electricity production. The number of distributed resources are centrally controlled and managed as part of an interrelated network.

Virtual Power Plant Market Segment by Manufacturers:

ABB Ltd., AGL Energy, AutoGrid Systems, Inc., Comverge, Inc., Enbala Power Networks, EnerNOC, Inc., General Electric Company, Siemens AG, Schneider Electric SE, Limejump Ltd.

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Rise in demand for renewable energy in power generation sector, changes in dynamic of power grids from centralized to distributed, and moderating costs and easy accessibility of energy storage drive the growth of the virtual power plant market. However, health concerns over high frequency human exposure of electromagnetic and radio waves hamper the potential of the market for different end users.

Virtual Power Plant Market also analyses the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

This report studies Virtual Power Plant in Global market, especially in North America, Europe, Asia-Pacific, LAMEA.

Virtual Power Plant Market Segment by Technology: Distribution Generation, Demand Response, Mixed Asset.

Virtual Power Plant Market Segment by End User: Commercial, Industrial, Residential.

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KEY BENEFITS FOR STAKEHOLDERS

This report provides an extensive analysis of the current trends, emerging estimations, and dynamics in the global virtual power plant market.

In-depth analysis of market is conducted and estimations for key segments from 2016 to 2023 are provided.

Comprehensive analysis of factors that drive and restrain the market growth is provided.

Market share for all segments with respect to each geographical segment is detailed in the report.

Key market players are profiled and their strategies are analyzed thoroughly, which provides a competitive outlook of the global industry trends.

TABLE OF CONTENTS

CHAPTER 1 INTRODUCTION

CHAPTER 2 EXECUTIVE SUMMARY

CHAPTER 3 MARKET OVERVIEW

CHAPTER 4 WORLD Virtual Power Plant MARKET BY TYPE

CHAPTER 5 GLOBAL Virtual Power Plant MARKET BY END USER

CHAPTER 6 GLOBAL Virtual Power Plant MARKET BY GEOGRAPHY

CHAPTER 7 COMPANY PROFILE

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Posted by on Friday September 13 2019, 3:45 PM EDT. All trademarks acknowledged. Filed under Business Services, Energy & Natural Resources, Featured Press Release. Comments and Trackbacks are open. Follow responses: RSS 2.0

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