The US Virtual Power Plant Market is anticipated to grow robustly in the forecast period 2024-2028. The key drivers for the virtual power plant market growth during the projected period are drivers of a virtual power plant in the energy industry, a rise in government initiatives, and investments in energy infrastructure. A virtual power plant combines many power sources to provide a dependable overall power supply. The sources frequently consist of a variety of centrally controlled dispatchable and non-dispatchable, controllable, or flexible load (CL or FL) distributed generation (DG) systems, such as microCHPs, small-scale wind power plants, photovoltaics, run-of-river hydroelectricity plants, small hydro, biomass, backup generators, and energy storage systems (ESS).
Market player
Major players operating in the United States virtual power plant market include Enel X, EnerNOC, Inc., Comverge, Cpower, ABB Ltd, Siemens AG, Schneider Electric SE, General Electric Company, Flexitricity Limited, AGL Energy, etc.
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