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Virtual Power Plant Market Size is Projected To Reach USD 5.9 Billion By 2027 At A CAGR Of 21.3% - Valuates Reports

08-17-2022 04:10 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Virtual Power Plant Market Size is Projected To Reach USD 5.9

The global virtual power plant market was valued at USD 1.3 Billion in 2019 and is projected to reach USD 5.9 Billion by 2027, growing at a CAGR of 21.3% from 2020 to 2027.

The virtual power plant market is expected to rise due to rising renewable energy penetration in the power generation sector, as well as shifts in power grid dynamics from centralized to distributed. The consumer demand will be boosted by further reductions in energy costs and the ease with which energy storage can be accessed.

A virtual power plant is a set of distributed generators with the aim of integrating various distributed energy sources such as biomass plants, biogas block heating plants, wind turbines, and hydroelectric plants.

A virtual power plant is made up of various assets that are linked together by a central control system that processes a wide range of data, including current power exchange rates, price and weather forecasts, and grid information from system operators.

View Full Report:
https://reports.valuates.com/market-reports/ALLI-Auto-0M193/virtual-power-plant

Virtual Power Plant Market by Technology
-Distribution Generation
-Demand Response
-Mixed Asset

Virtual Power Plant Market by End-User
-Commercial
-Industrial
-Residential

Inquire for Regional Report:
https://reports.valuates.com/request/regional/ALLI-Auto-0M193/Virtual_Power_Plant_Market

Virtual Power Plant Market by Region
-North America
-Europe
-Asia-Pacific

Inquire For Sample:
https://reports.valuates.com/request/sample/ALLI-Auto-0M193/Virtual_Power_Plant_Market

Major Players in the Virtual Power Plant Market
-ABB Ltd.
-AGL Energy
-AutoGrid Systems, Inc.
-Comverge, Inc.
-Enbala Power Networks
-EnerNOC, Inc.
-General Electric Company
-Siemens AG
-Schneider Electric SE
-Limejump Ltd.

Inquire for Chapter Cost:
https://reports.valuates.com/request/chaptercost/ALLI-Auto-0M193/Virtual_Power_Plant_Market

Inquire for Customization:
https://reports.valuates.com/request/customisation/ALLI-Auto-0M193/Virtual_Power_Plant_Market

SIMILAR REPORTS:
Global Distributed Generation Market Size, Status and Forecast 2020-2026 - https://reports.valuates.com/market-reports/QYRE-Auto-24B1752/global-distributed-generation

Global Smart Demand Response Market Size, Status and Forecast 2021-2027 - https://reports.valuates.com/market-reports/QYRE-Othe-1Z323/smart-demand-response

Global Microgrid Market Insights and Forecast to 2028 - https://reports.valuates.com/market-reports/QYRE-Auto-19135/global-microgrid

Smart Grid Market - https://reports.valuates.com/market-reports/ALLI-Auto-2M364/smart-grid

Global Smart Electric Meters Market Research Report 2020 - https://reports.valuates.com/market-reports/QYRE-Auto-19Z1591/global-smart-electric-meters

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