The global market value of virtual power plants is expected to experience a significant increase from an estimated 1.35 billion U.S. dollars in 2019 to approximately 4.5 billion U.S. dollars by 2024. The North American market is expected to dominate over this period with the United States being the primary market.
Market value of virtual power plants worldwide from 2019 to 2024
(in million U.S. dollars)
Characteristic
Market value in million U.S. dollars
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BIS Research. (November 18, 2019). Market value of virtual power plants worldwide from 2019 to 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1073731/market-value-virtual-power-plants-globally/
BIS Research. "Market value of virtual power plants worldwide from 2019 to 2024 (in million U.S. dollars)." Chart. November 18, 2019. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1073731/market-value-virtual-power-plants-globally/
BIS Research. (2019). Market value of virtual power plants worldwide from 2019 to 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1073731/market-value-virtual-power-plants-globally/
BIS Research. "Market Value of Virtual Power Plants Worldwide from 2019 to 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 18 Nov 2019, https://www.statista.com/statistics/1073731/market-value-virtual-power-plants-globally/
BIS Research, Market value of virtual power plants worldwide from 2019 to 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1073731/market-value-virtual-power-plants-globally/ (last visited July 22, 2024)
Market value of virtual power plants worldwide from 2019 to 2024 (in million U.S. dollars) [Graph], BIS Research, November 18, 2019. [Online]. Available: https://www.statista.com/statistics/1073731/market-value-virtual-power-plants-globally/