Virtual Power Plant Market Research Report 2018 – Global Industry Analysis, Size, Share, Growth, Demand, Overview and Segment Forecast To 2023

Market Scenario:
A virtual power plant is comprised of a fundamental IT control structure and distributed energy assets often renewable energy resources like solar, hydropower, wind and biomass units as well as flexible power consumers, by interacting all the partaking units via a remote control unit. It then establishes a data transfer between the fundamental control system and the and the partaking units. The fundamental control system is then unable to monitor, forecast, and dispatch the networked units.
The global rise in the demand for renewable energy in the power generation sector is creating a lucrative market for virtual power plant. The dynamic changes in the power grids from centralized to distributed, also the reduced cost of the electricity and easy access to store energy in energy storage devices such as batteries is propelling the global virtual power plant market. However, the growing health concerns over the human exposure to high frequency of electromagnetic and radio waves is restraining the potential of market growth at different end-user level. Contrarily, the emerging shift toward electric automobiles and promotion of smart offices and buildings with smart grids, is expected to create an immense opportunity in the global virtual power plant market.

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Scope of the Report:-
The scope of the study segments the virtual power plant market by its technology, by end-user and by region.

By Technology
• Distribution Generation
• Demand Response
• Mixed Asset

By End-User
• Commercial
• Industrial
• Residential

By Regions
• North America
• Asia Pacific
• Europe
• Rest of the World

Industry Major Key Players:-

• Cisco Systems, Inc.
• Comverge
• Cpower Energy Management
• ABB Ltd.
• Autogrid Systems, Inc.
• Blue Pillar, Inc.
• Enbala Power Networks, Inc.
• Enernoc, Inc.
• Flexitricity Limited
• General Electric Company

Table Of Contents:-
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model

To be continued....

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Market Research Analysis:-

Global Virtual Power Plant market has been segmented based on technology, end-user, and region. Demand response segment by technology currently holds the largest share and is expected to hold its dominance in the virtual power plant market during the forecast period. Demand response is highly lucrative for investment due to everlasting benefits for end-users and improving the energy efficiency of the grid. Hence, demand response is expected to show high growth rate. However, the industrial, by end-user held the largest market share in 2016 and is expected to hold the largest share over the forecast period.

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