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The global virtual power plant market is expected to grow from USD 193.4 million in 2016 to USD 709.2 million by 2021, at a CAGR of 29.68% from 2016 to 2021. Virtual power plants are employed to optimize power generation from existing sources, integrate various renewable energy sources, and Kevin Stewart Liverpool Jersey , ultimately, reduce the carbon footprint on the environment. Any growth in the smart grid would directly impact the virtual power plant market.
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Scope of the report
This study estimates the global market for virtual power plant solutions, in terms of USD, till 2021. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, challenges, winning imperatives James Milner Liverpool Jersey , and key issues. It also covers various important aspects of the market. These include an analysis of the supply chain, a competitive landscape, market dynamics, market estimates in terms of value, and future trends in the virtual.