Press release
Virtual Power Plant Market May See a Big Move | Enbala Power Networks, AutoGrid Systems, EnerNOC, Limejump
Virtual Power Plant
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Major players profiled in the study are:
ABB Ltd. (Switzerland), AGL Energy (Australia), AutoGrid Systems, Inc. (United States), Comverge, Inc. (United States), Enbala Power Networks (Canada), General Electric Company (United States), Siemens AG (Germany), Schneider Electric SE (France), Limejump Ltd. (United Kingdom), EnerNOC, Inc. (United States), Advanced Microgrid Solutions (United States), Bosch Software Innovations GmbH (Germany),
Scope of the Report of Virtual Power Plant
Due to upsurging demand for renewable resources will help to drive global virtual power plant market in the forecasted period. Virtual power plants (VPP) is referred to as a cloud-based distributed power plant. VPP aggregates the capabilities of heterogeneous distributed energy resources (DER) for improving power generation, and selling power or trading on the electricity. It does not physically exist. Virtual power plants (VPP) are clusters of distributed generator units, controllable loads, and energy storages systems, gathered to work as an integrated power plant. Additionally, it is a network of medium-scale, decentralized power generating units same as Joint Heat and Power (CHP) units, solar plants and wind farms as well as flexible power consumers and batteries.
On 17th December 2018, Hitachi has announced that they are going to acquired Swiss firm ABB's power grid business. The deal is initially investing 6.4 billion dollars for an 80.1 percent stake before a complete takeover in the future.
On 10th December 2018, AGL Energy has selected Enbala to offer the cloud-based control and optimization platform for its Virtual Power Plant (VPP) project which is being built in South Australia.
On 13th March 2018, ABB has launched its comprehensive and market-leading portfolio of solutions for virtual power plants for the Japanese market at the Thermal Power Expo in Tokyo.
On 3rd Feb 2021, Hitachi ABB Power Grids has been selected to deploy its innovative energy storage solution to support the development of Singapore's first Virtual Power Plant (VPP) project.
On 3rd Feb 2021, Hitachi ABB Power Grids has been selected to deploy its innovative energy storage solution to support the development of Singapore's first Virtual Power Plant (VPP) project.
On 23rd Sept 2020, AGL has announced a further expansion of its Virtual Power Plant with the launch of solar battery sales and installations for residential customers in Queensland, New South Wales and Victoria.
The Global Virtual Power Plant Market segments and Market Data Break Down are illuminated below:
by Type (Centralized Controlled VPP, Decentralized Controlled VPP), Application (Defense, Government, Commercial), Technology (Distribution Generation, Demand Response, Mixed Asset)
Market Opportunities:
• Emerging Shift towards Electrical Vehicles
• Enlargement of Intelligent Office Buildings and Smart Grids
Market Drivers:
• Shift From Centralized to Distributed Generation
• Moderating Costs and Easy Accessibility of Energy Storage
Market Trend:
• Growing Share of Renewable Energy in the Power Generation
• Fast Growing Power Sector in Developing Countries
What can be explored with the Virtual Power Plant Market Study?
• Gain Market Understanding
• Identify Growth Opportunities
• Analyze and Measure the Global Virtual Power Plant Market by Identifying Investment across various Industry Verticals
• Understand the Trends that will drive Future Changes in Virtual Power Plant
• Understand the Competitive Scenarios
- Track Right Markets
- Identify the Right Verticals
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Table of Contents
Global Virtual Power Plant Market Research Report
Chapter 1 Global Virtual Power Plant Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Productions, Revenue (Value) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Productions, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Virtual Power Plant Market Forecast
Finally, Virtual Power Plant Market is a valuable source of guidance for individuals and companies.
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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.
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Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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