Brooklyn, NY -- (SBWIRE) -- 02/14/2018 -- With energy needs of users changing dynamically, energy production has also increased manifold over the past few decades. This, however, is not the end. While equipping power grids with smart devices has helped to dish out optimal demand and supply balance between the consumers and utility providers, efficient energy distribution needs still remains a daunting task. Virtual power plants have been making strides in this space serving to network distributed energy resources. QYResearchReport.com's now features a market study on the global virtual power plant market that offers a comprehensive evaluation of growth trends and demand drivers in the said market. The report is, titled "Global Virtual Power Plant (VPP) Market Size, Status and Forecast 2022."
A virtual power plant refers to a network of cloud-based heterogeneous power plant that combines the power generating and distribution capacities of participating units. This serves the purpose of enhancing power generation along with facilitating trading or selling power in open markets. A virtual power plant comprises medium-scale power generating units, which include wind farms, combined heat and power units, solar parks, and flexible power consumers and batteries.
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While the sources of a virtual power plant remain independent in their operation and ownership, they often form a group of dispatch able and non-dispatch able systems that are controlled by a central authority. The aim of a virtual power plant is to reduce the load on the grid by smart distribution of power generated by individual units during peak load periods. In addition, the combined power generation and power consumption of units in the virtual power plant network is traded on the energy exchange.
A virtual power plant comprises of a central IT control system and distributed energy sources such as solar, wind, biomass units, and hydropower along with flexible power consumers. The participating units are networked through a remote control by means of which data transfer is established between the central control system and partaking units. Consequently, the central control system can observe, forecast, and dispatch the networked units.
The report studies the virtual power plant market from a ground-up manner by assessing the driving forces, challenges, trends, and opportunities. The analysis of the virtual power plant industry provides valuable insights about its current position in the world and how it will display progression in the future. Thus, the information presented in this report is reliable in terms of growth trends and technological advancements.
The report begins with an outline of industry classifications, applications, industry structure, and industry policies that are relevant for virtual power plant systems. This is followed by a discussion on region-wise development status of the virtual power plant industry and the prevalent competitive structure.
Key players operating in the virtual power plant market include DONG Energy, RWE, Bosch, IBM, Siemens, Joule Assets, Power Assure, Ventyx/ABB, Comverge, Cooper Power Systems/Eaton, EnerNOC, Duke Energy, Alstom Grid, GE Digital Energy, Schneider Electric, ENBALA Power Networks, Power Analytics, Spirae, Viridity Energy, Consert, and Customized Energy Solutions.
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Table of Contents
Global Virtual Power Plant (VPP) Market Size, Status and Forecast 2022
1 Industry Overview of Virtual Power Plant (VPP)
1.1 Virtual Power Plant (VPP) Market Overview
1.1.1 Virtual Power Plant (VPP) Product Scope
1.1.2 Market Status and Outlook
1.2 Global Virtual Power Plant (VPP) Market Size and Analysis by Regions
1.2.1 United States
1.2.2 EU
1.2.3 Japan
1.2.4 China
1.2.5 India
1.2.6 Southeast Asia
1.3 Virtual Power Plant (VPP) Market by Type
1.3.1 Centralized Controlled VPP
1.3.2 Decentralized Controlled VPP
1.4 Virtual Power Plant (VPP) Market by End Users/Application
1.4.1 Commercial & Industrial
1.4.2 Residential
2 Global Virtual Power Plant (VPP) Competition Analysis by Players
2.1 Virtual Power Plant (VPP) Market Size (Value) by Players (2016 and 2017)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future
3 Company (Top Players) Profiles
3.1 DONG Energy
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Virtual Power Plant (VPP) Revenue (Value) (2012-2017)
3.1.5 Recent Developments
3.2 Duke Energy
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Virtual Power Plant (VPP) Revenue (Value) (2012-2017)
3.2.5 Recent Developments
4 Global Virtual Power Plant (VPP) Market Size by Type and Application (2012-2017)
4.1 Global Virtual Power Plant (VPP) Market Size by Type (2012-2017)
4.2 Global Virtual Power Plant (VPP) Market Size by Application (2012-2017)
4.3 Potential Application of Virtual Power Plant (VPP) in Future
4.4 Top Consumer/End Users of Virtual Power Plant (VPP)
5 United States Virtual Power Plant (VPP) Development Status and Outlook
5.1 United States Virtual Power Plant (VPP) Market Size (2012-2017)
5.2 United States Virtual Power Plant (VPP) Market Size and Market Share by Players (2016 and 2017)
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