Economic & Environmental Optimization Strategies Of Virtual Power Plants Market

Virtual Power Plants

Virtual Power Plants

Demand Response, Supply-Side, Mixed Asset, and Wholesale Auction VPPs: Market Analysis and Forecasts

Virtual power plants (VPPs) utilize software systems to efficiently manage an increasing diversity of electricity generation, energy storage, and demand reduction assets. In the United States, VPPs not only deal with the supply side, but also help manage demand and ensure reliability of grid functions through demand response (DR) and other load shifting approaches, in real time. ( http://www.bharatbook.com/detail.asp?id=151449&rt=Virtual-Power-Plants.html )

Without any large-scale fundamental infrastructure upgrades, VPPs can stretch supplies from existing generators and utility DR programs, delivering greater value to the customer while also creating benefits to the host distribution utility as well as the transmission grid operator. When compared to the fossil central station power plants that dominate electricity markets worldwide, one of the primary advantages of VPPs is they can react quickly to changing customer load conditions, are dynamic and deliver value in real time.

It divides up the VPP universe into four distinct segments: (1) DR-based VPPs, the largest commercial segment in the U.S.; (2) Supply-side VPPs, a category in which Europe, particularly Germany, has led the world; (3) Mixed Asset VPPs, the ultimate goal of the VPP, bringing distributed generation and DR together; and (4) Wholesale Auction VPPs, a segment that is unique to Europe as a condition of mergers, requiring asset owners to auction off capacity.

This report provides a comprehensive analysis of the global market opportunities and growth prospects for virtual power plants including a detailed examination of business models, technology issues, and regulatory and policy factors. Key industry players are profiled, including SWOT analysis for utilities and technology providers active in the VPP sector. The report also features global market forecasts, segmented by region, for capacity and revenue in four key VPP segments through 2015.

Key questions addressed:

* What are the key distinctions between virtual power plants and microgrids?

* What are the key differences between European and U.S. Markets?

* Why are VPPs in the U.S. focused on demand response?

* Why are VPPs in Europe focused more on renewable generation?

* Why is the largest VPP market segment wholesale auctions of fossil capacity not expected to grow in any geography beyond Europe?

For more information kindly visit : http://www.bharatbook.com/detail.asp?id=151449&rt=Virtual-Power-Plants.html

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