Press release
Global Virtual Power Plant Market 2020: Increasing Demand for Decentralized Power Generation
Market Drivers & Opportunity: Increasing Demand for Renewable Sources of Energy, Favorable Government Initiatives, Integration of Blockchain in Virtual Power Plant, Emerging Market of Electric Vehicles, Increasing Necessity for Smart Grids, Increasing Share of Renewable Energy in the Power Generation MixGet Free PDF Sample Brochure @ https://decisionmarketreports.com/request-sample/1065246
Global Virtual Power Plant Market valued approximately USD 192.5 million in 2016 is anticipated to grow with a healthy growth rate of more than 34.7% over the forecast period 2017-2025. The energy & power industry is rapidly evolving to adopt cost-effective methods of electricity generation and storage. A virtual power plant is a virtual network of decentralized distribution units that aggregates power generated in various distributed power units and dispatch it through a virtual platform. Increasing pressure for cost reduction and development in smart grid technology are the primary growth factors for the global virtual power plant market.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Technology:
o Demand Response
o Distributed Generation
o Mixed Asset
Know More about research methodology @ https://decisionmarketreports.com/request-methodolgy/1065246
End-User:
o Commercial
o Residential
Regions:
o North America
o U.S.
o Canada
o Europe
o UK
o Germany
o Asia Pacific
o China
o India
o Japan
o Latin America
o Brazil
o Mexico
o Rest of the World
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