Press release
2017 Virtual Power Plant Market To 2022 | Analysis, Share, Size
Virtual Power Plant
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The global virtual power plant market is projected to grow at a CAGR of 29.68% from 2016 to 2021, to reach a market size of USD 709.2 Million by 2021. This growth is attributed to the increasing penetration of smart grid technologies as well as increase in residential energy storage system has given rise to the virtual power plant market. An aggregated fleet of distributed energy resources would provide high value to the grid distribution system. Thus, leading to energy efficiency and power savings.
Virtual power plant are used in the industrial, commercial and residential sector which includes residential buildings, commercial building such as hospitals, educational institutions, office towers, municipalities, universities, among others. Increasing share of renewable energy in the power generation mix, growth in smart grid, and lowering costs for solar and energy storage would drive the Virtual power plant market. But few factors such as health safety concerns regarding Electromagnetic Frequency (EMF) and Radio Frequency (RF) exposure could restrain the market growth of virtual power plants.
Virtual Power Plant Market, By Technology
• Introduction
• Demand Response
• Distribution Generation
• Mixed Asset
Virtual Power Plant Market, By End-User
• Introduction
• Commercial & Industrial
• Commercial
• Industrial
• Residential
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Fundamental of table of content
6 Company Profiles
6.1 Introduction
6.2 ABB, Ltd.
6.2.1 Business Overview
6.2.2 Products Offered
6.2.3 Developments,
6.4 Autogrid Systems, Inc.
6.4.1 Business Overview
6.4.2 Products Offered
6.4.3 Developments,
6.5 Blue Pillar
6.5.1 Business Overview
6.5.2 Products Offered
6.5.3 Developments,
6.6 Cisco Systems, Inc.
6.6.1 Business Overview
6.6.2 Products Offered
6.6.3 Developments,
6.7 Comverge
6.7.1 Business Overview
6.7.2 Products Offered
6.7.3 Developments,
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