New York, NY -- (SBWIRE) -- 02/12/2019 -- A virtual power plant (VPP) is a cloud-based distributed power plant that aggregates the capacities of heterogeneous Distributed Energy Resources (DERs) for the purposes of enhancing power generation, as well as trading or selling power on the open market.
North America is expected to dominate the global virtual power plant market during the forecast period, owing to the extensive use of these solutions in commercial and industrial as well as residential sector.
In 2018, the global Virtual Power Plant market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Virtual Power Plant status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Virtual Power Plant development in United States, Europe and China.
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The key players covered in this study
ABB
Autogrid Systems
Blue Pillar
Cisco Systems
Enbala Power Networks
Enernoc
Flexitricity
General Electric
Hitachi
IBM
Limejump
Next Kraftwerke
Open Access Technology International
Osisoft
Robert Bosch
Schneider Electric
Siemens
Spirae
Sunverge
Toshiba
Market segment by Type, the product can be split into
Demand Response
Distributed Generation
Mixed Asset
Market segment by Application, split into
Industrial and Commercial
Residential
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
Read more Professional & Technical industry insights at: https://www.qyresearchreports.com/report/global-virtual-power-plant-market-size-status-and-forecast-2019-2025.htm
The study objectives of this report are:
To analyze global Virtual Power Plant status, future forecast, growth opportunity, key market and key players.
To present the Virtual Power Plant development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Virtual Power Plant are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.