A virtual power plant (VPP) is a system that integrates several types of power sources, so as to give a reliable overall power supply. Virtual Power Plants includes Commercial VPP and Technical VPP on the base of classification, which represent 54% and 46% of global Virtual Power Plants market.
Low-voltage Power Network and Medium-voltage Power Network are the main application of Virtual Power Plants product and North American is the largest Virtual Power Plants market on production and consumption.
Global Virtual Power Plants market is projected to reach $ 1.58 Billion by 2019, with a GAGR of 6.8% from 2015, and Asia will have a big dynamic momentum on the market growth. The major players in the global Virtual Power Plants market are DONG Energy, RWE, Alstom Grid, Comverge, Eaton Cooper Power Systems, Duke Energy, Fujitsu etc.
Read Full Report: http://www.gosreports.com/global-virtual-power-plants-industry-2015-market-research-report/
Joanna | Executive – International Business and partner Relations
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