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)
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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 December 23, 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 December 23, 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: December 23, 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 December 23, 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/