16 April 2021
Visiongain has published a new report on Virtual Power Plant (VPP) Market Report 2021-2031: Forecasts by Component (Energy Generation Technology, Energy Storage Technologies, Information Communication Technology (ICT)), by Energy Generation Technology (Wind Based Energy Generation, Small Hydro-Plants, Solar Production, Combined Heat and Power (CHP), Small Power Plants, Other), by Information Communication Technology (ICT) (Energy Management Systems (EMS), Supervisory Control and Data Acquisition (SCADA), Distribution Management System (DMS), Smart Meters, Other), by Energy Storage Technology (Battery Energy Storage System (BESS), Supercapacitor Energy Storage (SCES), Super Conductor Magnetic Energy Storage (SMES), Hydraulic Pumped Energy Storage (HPES), Flywheel Energy Storage (FWES), Other), by End-user (Industrial VPP, Commercial VPP, Residential VPP, Other) AND Regional and Leading National Market Analysis PLUS Analysis of Leading VPP Companies AND COVID-19 Recovery Scenarios.
How Virtual Power Plant Can Change the Electrical Energy Consumption?
The potential behaviour of electrical energy usage will also be affected by technological advancements. Every user wishes to be able to measure the electrical consumption metre accurately and transparently, to have control over the consumption, and to use electricity efficiently. People expect to be active as prosumers (aggressive consumers) who not only consume but also generate electrical energy. When power distributors conduct VPP investments early, they reap the benefits.
Is Virtual Power Plant Increasing Renewable Energy Need?
To avoid contributing greenhouse dioxide, which could cause global warming and environmental harm, the government should use more renewable energy. Coal, a fossil fuel, is becoming increasingly scarce, in addition to its negative environmental implications. As a result, the electrical transmission infrastructure developed with VPP is very adaptable to renewable energy sources like solar panels or microgrid systems.
The comprehensive report offers market estimation and forecast for the period ranging 2021 – 2031 for leading national markets and rest of the world. Moreover, the report contains dedicated leading companies covering 10 leading producers in the field of global virtual power plant.
The aim of this report is to provide detailed market, technology and industry analyses to help readers quantify and qualify the market for VPP technologies used in electricity distribution. Special emphasis is given to ongoing research into improved efficiencies of VPP systems. Important trends are identified and sales forecasts by product categories and major country markets are provided through 2031; these are based on sales data and projections plus information on R&D trends and their likely effects on market potential on a country-by-country basis.
Leading companies and the potential for market growth:
• China Everbright Greentech Limited
• General Electric Company
• Toshiba Corporation
• Enel S.P.A
• Schneider Electric SE
• ABB Ltd.
• Hitachi, Ltd.
• Siemens AG
• Bosch Ltd.
• Blue Pillar
• International Business Machines Corporation (IBM)
Key questions answered in this exclusive report are:
• What can be the best investment options for new product and service lines in virtual power plant?
• In order to make new research and development funding, what value proposals should businesses target?
• Which rules will enhance the supply chain network for stakeholders?
• In which regions in certain segments the demand may mature in the near future?
• What are some of the best cost optimization strategies with suppliers with which some well-trained players succeed?
• What are the key prospects for moving companies into a new growth path? C-suite?
• What regulations in government could challenge the status of key regional markets?
• How will the emerging political and economic scenario affect chances in key fields of growth?
• In different segments, what are the value-taking opportunities?
• How are new players on the market going to prevent entry?
The Virtual Power Plant (VPP) Market Report 2021-2031 report will be of value to anyone who wants to better understand the market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the industry.
Notes for Editors
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