Virtual Power Plant Market Trends, Share, Growth and Demand Forecast 2028
The rising demand for renewable energy in the power generation sector and changes in the dynamics of power grids from centralized to distributed are factors expected to drive the market for Global Virtual Power Plant in the forecast period of 2024-2028 . According to TechSci Research report, Virtual Power Plant Market - Global Industry Size, Share, Trends, Opportunity, and Forecast. 2018–2028F, the global virtual power plant market is anticipated to register a robust growth during the forecast period 2024-2028. The Global Virtual Power Plant market is being driven on account of increasing demand for more renewables adoption and integration of intermittent and distributed energy resources, (DER) supported by big data analytics for monitoring and forecasting to optimize the dispatch of power load. Moreover, the growing investment and strategic partnerships within service providers along with increasing acceptance of innovative technologies such as clo...