Virtual power plant is a cloud-based distributed power plant that aggregates the capacities of heterogeneous distributed energy resources for the purposes of enhancing power generation, as well as trading or selling power on the electricity market. 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 are some of the factors driving the growth of the virtual power plant market. The increasing demand for power generation from renewable sources of energy across the globe has propelled the need for virtual power plants.
The Virtual Power Plants Market is expected to reach +25% CAGR during forecast period 2019-2025
The report collates data from a number of surveys, interviews, and many other primary and secondary research methodologies. The vast amount of data thus gathered from these sources is narrowed down with the help of industry-best analytical methods to present before the reader only the most crucial sets of data essential to understand the factors that will have the most profound impact on the overall development of the market.
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For competitor segment, the report includes global key players of Virtual Power Plants are:
ABB Ltd., AGL Energy, AutoGrid Systems, Inc., Comverge, Inc., Enbala Power Networks, EnerNOC, Inc., General Electric Company, Siemens AG, Schneider Electric SE, Limejump Ltd., and others.
The global market for the Virtual Power Plants and the underlying industry are discussed in great depth in a market intelligence for the readers to understand better and get the clear picture about this market.
It gives a detailed description of dynamic aspects such as, Virtual Power Plants which helps to understand the changing environment of the Market sector. Recent and upcoming global opportunities have been analyzed across several global regions, such as North America, Latin America, Asia-Pacific, Europe, and India.
Market segment by Type, the product can be split into
- Distribution Generation
- Demand Response
- Mixed Asset
Market segment by Application, split into
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In this study, the years considered to estimate the size of Virtual Power Plants are as follows:
History Year: 2013-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025.
Global Virtual Power Plants Market Report gives answers to following Vital Questions:
1. What are the risks associated with the sourcing of raw material, or holding the line on costs of services?
2. Who are the emerging competitors in the Global Virtual Power Plants industry?
3. Expected percentage of the Global Virtual Power Plants Market Growth over upcoming period?
4. Why does Global Virtual Power Plants Market have high growth potential?
5. How does this Report match with Investment Policy Statement?
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Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Virtual Power Plants Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the Virtual Power Plants Market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major Virtual Power Plants Market players.
* 1-year analyst support, along with the data support in excel format.
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