How shift from centralized to distributed generation will drive the opportunity for virtual power plant industry ?

The research documents by MRFR indicate that the Virtual Power Plants Market Research Report Information by Region, End-Use Industry, and Technology - Forecast Till 2030, the Virtual Power Plants market is predicted to grow substantially over the assessment timeframe from 2021 to 2030 at a healthy CAGR of around 29.6%. The reports even share predictions regarding the market's growing revenue share, which will likely reach USD 1.5 billion by the end of 2030. As per the reports, the market was worth nearly USD 0.2 billion in 2021.

The global Virtual Power Plants industry has advanced enormously.

The catalog of the top leaders across the global Market for Virtual Power Plants includes players such as: ?

·???????? 阿西布朗勃法瑞公司（ABB） Ltd.?(Switzerland)

·????????Enabala Power Networks Inc. (Canada)

·????????Autogrid Systems Inc. (U.S.)

·???????? ENERNOC UK II LIMITED Inc. (U.S.)

·????????Blue Pillar Inc. (U.S.)

·???????? Flexitricity Limited (U.K.)

·???????? 思科 Inc. (U.S.)

·???????? 通用电气 Electric Company (U.S.)

·???????? Comverge (U.S.)

·???????? Hitachi (Japan)

·???????? CPower Energy Management?(U.S.)

·???????? 西门子能源 AG(Germany)

·???????? Robert Bosch Stiftung (Germany)

·???????? IBM (U.S.)

·???????? 施耐德电气

Among all the technologies, the demand response segment is anticipated to ensure the leading position across the global market for virtual power plants over the assessment period, given mainly to grid modernization and the burgeoning virtual power plant business. Since smart devices are being utilized more frequently to control customer-sited loads, the mixed asset market is projected to grow faster.

Among all the end-user industries, the industrial segment is anticipated to ensure the leading position across the global market for virtual power plants over the assessment period, mainly given to small and medium-sized virtual power plants. Furthermore, high reliability and energy efficiency during peak load made Virtual power plants worthy for the industrial segment. On the other hand, the residential segment is anticipated to showcase the maximum growth rate over the coming years because new technologies like smart grids, smart meters, and smart grid-enabled?products have become more widely adopted.

Market USP Covered

The global Virtual Power Plants industry has advanced enormously in recent years. The primary aspect causing a surge in market performance is the rising Prevalence of renewable energy in power generation across the globe. Furthermore, the factors such as the dynamics of power grids shift from centralized to distributed, energy cost reductions and the accessibility of energy storage are also projected to enhance the development of the market over the coming years.?

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