Edison, NJ -- (SBWIRE) -- 09/30/2020 -- The "Virtual Power Plant - Market Development Scenario?" Study has been added to HTF MI database. The study envisage qualitative as well as quantitative market data and follows Industry benchmark classification and NAICS standards to built strong players coverage for final study. Some of the major and emerging players identified are ABB Group, AutoGrid Systems, Inc., cyberGRID GmbH & Co. KG, Enbala, GreenSync, MediIT Health Solutions India Pvt. Ltd, Next Kraftwerke GmbH.
Get Inside Scoop of the report, request for sample @: https://www.htfmarketreport.com/sample-report/2585552-virtual-power-plant-market-1
The Indian power sector has been undergoing transformation since the past few years, with growing contribution of renewable resources in the energy mix. The limited supply of fossil fuel has encouraged the penetration of distributed energy resources (DER) in the Indian power sector. Any energy resource which is connected to the grid at distribution level is known as DER. Grid integration of DERs has allowed the shift from centralized to decentralized systems. The development of this newly designed flexible energy network can be achieved using virtual power plants (VPP).
VPP allows numerous decentralized power plants to aggregate and operate as a single platform. It functions as a Cloud-based or SaaS-based platform which governs multiple decentralized power plants through various distribution routes and demand centers. Distributed plants can be remotely operated and controlled through VPP.
VPP ecosystem insights
The VPP ecosystem comprises technical virtual power plant (TVPP), commercial virtual power plant (CVPP), VPP aggregators, DERs, distribution companies, transmission companies and the electricity market. TVPP operates at distribution and transmission levels, whereas CVPP runs the DER units based on demand and generation potential. VPP aggregators facilitate the aggregation of DERs and communicate with TVPP and CVPP. DERs include controllable loads, electric vehicles (EV), solar PV units, natural gas turbines, small power plants, fuel cells, prosumers and energy storage.
The VPP platform consists of the solution developer, VPP platform operators and VPP users. The ecosystem consists of various energy assets such as solar plants, wind turbines, energy storage systems, EV charging stations, demand-response management centers and smart meters. Power utilities, renewable energy operators, demand response operators, energy retailers, VPP operators, and building managers are the major stakeholders involved.
Enquire for customization or check for any discount if available @ https://www.htfmarketreport.com/enquiry-before-buy/2585552-virtual-power-plant-market-1
Market influencers:
Various functionalities of VPP like distributed asset monitoring, asset analytics, distributed asset control, renewable energy management, energy storage management, EV charging asset management, and demand response management are anticipated to influence the adoption of VPP in the Indian power sector.
Furthermore, favourable government policies and regulations are likely to play an important role in the adoption process. Vehicle electrification policy of the government, as part of Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) and National Electric Mobility Mission Plan (NEMMP) 2020, will require the development of EV charging infrastructure. Implementation of VPP can help in effectively managing the charging stations spread across the country and control the load on each charging station. Furthermore, successful implementation of five-minute scheduling policy can be possible by using VPP.
However, the large scale implementation of VPP in India can be deterred by a number of challenging factors such as weak regulatory framework.Various utility companies are hesitant to join the VPP architecture owing to issues regarding grid safety, stability, operational efficiency, and pricing. Threat of cyberattacks significantly challenges the virtualization of power plants. Maintaining security and privacy of the enormous data generated from consumers and prosumers becomes a considerable challenge of the VPP market.
Order Virtual Power Plant Market study full copy now @ https://www.htfmarketreport.com/buy-now?format=1&report=2585552
Important Features that are under offering & key highlights of the report :
1) Does study cover COVID-19 Impact Analysis and its effect on Growth %?
Yes, the overall industry have seen quite big impact due to slowdown and shutdown in production line & supply chain. The study covers a separate qualitative chapter on COVID-19 Impact analysis. Additionally it also provide before and after scenario of COVID-19 on sales growth & market size estimation to better analyze exact scenario of Industry.
2) How companies are selected or profiled in the report?
List of some players that are profiled in the the report includes "ABB Group, AutoGrid Systems, Inc., cyberGRID GmbH & Co. KG, Enbala, GreenSync, MediIT Health Solutions India Pvt. Ltd, Next Kraftwerke GmbH". Usually we follow NAICS Industry standards and validate company profile with product mapping to filter relevant Industry players, furthermore list is sorted to come up with a sample size of atleast 50 to 100 companies having greater topline value to get their segment revenue for market estimation.
** List of companies mentioned may vary in the final report subject to Name Change / Merger etc.
3) Can we add or profiled new company as per our need?
Yes, we can add or profile new company as per client need in the report, provided it is available in our coverage list as mentioned in answer to Question 1 and after feasibility run final confirmation will be provided by research team checking the constraints related to difficulty of survey.
4) Can we narrow the available business segments ?
Yes, depending upon the data availability and feasibility check by our Research Analyst, further breakdown in business segments by end use application or product type can be provided (If applicable) by Revenue Size or Volume*.
5) Can specific country of interest be added? What all regional segmentation covered?
Yes, Country level splits can be modified in the study as per objectives. Currently, research report gives special attention and focus on following regions:
North America (Covered in Chapter 7 and 14), United States, Canada, Mexico, Europe (Covered in Chapter 8 and 14), Germany, UK, France, Italy, Spain, Russia, Others, Asia-Pacific (Covered in Chapter 9 and 14), China, Japan, South Korea, Australia, India, Southeast Asia, Others, Middle East and Africa (Covered in Chapter 10 and 14), Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Others, South America (Covered in Chapter 11 and 14), Brazil, Argentina, Columbia, Chile & Others
** One country of specific interest can be included at no added cost. For inclusion of more regional segment quote will vary.
While global mega trends influencing the market routing the primary direction of growth, regional markets are swayed by more granular locally unique market drivers. The market study is sized with regional and country level break for historical and forecast period by revenue and volume and price analysis, stay tuned with the latest updates from the research insights – know more which territory is stealing market share gains in coming years.
To know more about the table of contents, you can click @ https://www.htfmarketreport.com/reports/2585552-virtual-power-plant-market-1
Research Objectives
- To analyse and forecast the Virtual Power Plant market, in terms of value and volume.
- Which segment has the potential to gain the highest market share?
- To help decision maker from new offer perspective and benchmark existing marketing strategy.
- Correlate cost structure historical data with key business segments.
- Analyse marketing contribution and customer acquisition by up-selling and cross selling.
- Identifying Influencing factors keeping Virtual Power Plant Market Intense, factored with periodic analysis of CR4 & CR8 concentration ratio & HHI Index.
HTF MI also offers Custom Research services providing focused, comprehensive and tailored research according to clientele objectives. Thanks for reading this article; you can also get individual chapter wise section or region wise report like North America, Europe or Asia.
About HTF Market Report
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the "Accurate Forecast" in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their "Goals & Objectives".