Virtual Power Plant Market size be at Forefront size 2026 Virtual Power Plant Market size be at Forefront size 2026
BriefingWire.com, 5/05/2021 - Market Scenario
Global Virtual Power Plant Market is expected to reach US$800 Mn by 2026 at a CAGR of 30.50% during the forecast period. Virtual Power Plant (VPP) refers to a cluster of small-scale generators, such as power (CHP) units and combined heat and, backup generator sets, biogas plants, which collectively act akin to a single large power plant.
Virtual Power Plan Market
The increase in residential energy storage system, as well as the increase in penetration of smart grid technologies, is some of the major driving factors expected to propel the virtual power plant market during the forecast period. Health concerns over high frequency human exposure of radio and electromagnetic waves hamper the potential of the market for different end users.
Source Power Company Awards Donations to Town of Brighton, City of Canandaigua, and Village of Victor, New York to Celebrate Earth Day
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Source Power Company Awards Donations to Town of Brighton, City of Canandaigua, and Village of Victor, New York to Celebrate Earth Day
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.