Outlook on Europe’s Virtual Power Plant (VPP) Market, 2020-2030 – Featuring ABB, EDF, Energy 2 Market (e2m), Next Kraftwerke, REStore, and Siemens

Dublin, March 05, 2020 (GLOBE NEWSWIRE) — The “European Virtual Power Plant (VPP) Market, Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering.
The global energy market is currently undergoing a massive shift with decarbonization, decentralization and new technologies being the key driving factors. Utilities, independent power producers (IPPs) and other energy companies are exploring effective ways to manage the imbalance created in demand and supply due to the intermittent nature of the growing renewable energy sources (RES) in power generation.This study includes the following:Detailed introduction of VPP and its key componentsKey market drivers and restraints influencing the European VPP marketAnalysis of different business models (supply-side, demand-side, and mixed-asset models) for VPP across EuropeDiscussion on key players in the European VPP market such as Next Kraftwerke, Siemens, ABB, REStore and EDFGrowth opportunities for companies, along with strategic imperatives for success and growthThe study period is from 2019 to 2030, with 2019 as the base year. The forecast period is from 2020 to 2030. Revenue estimates represent only the revenue generated by selling hardware and software components of VPP solutions provided by both aggregators and independent solution providers, or third-party vendors through partnerships with utilities, and do not include revenue generated through additional services like energy trading.Virtual power plants (VPP) are an aggregation of decentralized distributed energy resources (DERs), energy storage systems (ESS) and controllable loads, all of which are connected and controlled via a central system (VPP software). The aggregated assets form a single imaginary power plant that can be dispatched during times of peak demand eliminating the need for investment into ancillary power generation plants for peak load management.VPP promises significant improvements in grid reliability and resilience and aids in the integration of RES into the grid. In combination with other technologies like Big Data, Internet of Things (IoT) and artificial intelligence (AI), VPP has the potential to deliver the active management of electricity grids through balancing the demand and supply in the energy market.The analyst expects investments in VPP solutions to increase in line with the expansion of DERs in developed economies. Companies must respond with innovative and feasible VPP solutions to address these new energy challenges.Companies Mentioned
ABBEDFEnergy 2 Market (e2m)Next KraftwerkeREStoreSiemensKey Topics Covered
1. Executive SummaryKey FindingsExecutive Summary2. Research Scope, Objectives and MethodologyResearch AimMarket Overview – Specific ExclusionsResearch MethodologyKey Questions This Study Will Answer3. Virtual Power PlantsEnergy Scenario – EuropeKey Megatrends Driving European Energy TransformationWhat is VPP?VPP ArchitectureComponents of a VPP SystemVPP Communication ProtocolsTypes of VPP ServicesHow Big Can a VPP be?Principle of Operation of a VPPVPP Stakeholders and InteractionsBenefits of VPPs for StakeholdersVPP AggregatorsVPP Business ModelsVPP Business Models – Supply-Side VPPVPP Business Models – Demand-Side VPPVPP Business Models – Mixed Asset VPPEuropean VPP MarketKey Enablers For VPPKey Barriers for VPP4. Forecasts and Trends – European VPP MarketRevenue ForecastRevenue Forecast DiscussionRevenue Forecast Discussion by Country5. Key Market ParticipantsVPP Service Providers in EuropeNext KraftwerkeSiemensEnergy 2 Market (e2m)ABBOther Aggregators6. Legislative and Energy Trading EnvironmentEuropean Legislation for VPPEnergy Trading MarketsEnergy Trading Markets for VPPVPP with DR ProgramsEnvironmental ConditionsEnvironmental Conditions (continued)Technology Trend for the FutureFuture of VPP7. Growth Opportunities and Companies to ActionGrowth Opportunity 1 – AI and IoTGrowth Opportunity 2 – Business ModelsGrowth Opportunity 3 – Creation of Supporting Regulatory Frameworks for ProsumersGrowth Opportunity 4 – EV ChargingGrowth Opportunity 5 – Cyber SecurityStrategic Imperatives for Success and Growth8. The Last Word3 Big PredictionsFor more information about this report visit https://www.researchandmarkets.com/r/gcmfv0Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.CONTACT: ResearchAndMarkets.com
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