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Virtual Power Plant Market The Future of Distributed Energy Resources
The global Virtual Power Plant Market is expected to grow from USD 6.47 billion in 2022 to USD 16.9 billion by 2030, at a CAGR of 12.75%. A virtual power plant (VPP) is a network of distributed energy resources (DERs) that are aggregated and managed as a single power plant. VPPs can include a variety of DERs, such as solar panels, wind turbines, battery storage systems, and electric...
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