Market research Future Virtual Power Plant Market to Grow at 22 % CAGR . | Page 2

Virtual Power Plant market Research Report- Forecast to 2023
1 Summary
Virtual power plants aim at the smoothly integrating a large number of non-conventional energy units into
the existing central energy systems. It occurs through flexibility coming from all networked units.
Moreover, the power vendors within a virtual power plant setup can use live data to enhance projecting
and trading of renewable energies. As a result, virtual power plants progressively take over the role of the
conventional power plants by selling their output on the wholesale markets and assuming authority for a
balanced grid.
Key Players:
The key players of global Virtual Power Plant market are ABB Ltd. (Switzerland), Autogrid Systems, Inc.
(U.S.), Blue Pillar, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Comverge (U.S.), Cpower Energy Management
(U.S.), Enbala Power Networks, Inc. (Canada), Enernoc, Inc. (U.S.), Flexitricity Limited (U.K.), General
Electric Company (U.S.), Hitachi, Ltd. (Japan), International Business Machines Corporation (U.S.),
Robert Bosch GmbH (Germany), Schneider Electric SE (France), and Siemens AG (Germany).
Page | 2
Copyright © 2018 Market Research Future.