Virtual Power Plant Market worth $5.5 Billion by 2029

Virtual Power Plant Market
The global Virtual Power Plant Market is expected to grow from an estimated USD 1.9 billion in 2024 to USD 5.5 billion by 2029, at a CAGR of 23.4% during the 2024–2028 period according to a new report by MarketsandMarkets™.  Virtual power plants are essential because they provide enhanced grid stability by optimizing and integrating diverse energy sources, contributing to increased energy...

Energy as a Service Market worth $105.6 Billion by 2027

Energy as a Service Market
Increasing distributed energy resources, new revenue generation streams for utilities, availability of federal and state tax benefits for energy-efficiency projects and decreasing cost of renewable power generation and storage solutions are driving the demand for energy as a service globally. The global Energy as a Service Market is expected to grow from USD 64.7 billion in 2022 to USD...

Energy as a Service Market Expected to Grow $105.6 Billion by 2027

The global Energy as a Service Market is expected to grow from USD 64.7 billion in 2022 to USD 105.6 billion by 2027, at a CAGR of 10.3% according to a new report by MarketsandMarkets™. Increasing distributed energy resources, new revenue generation streams for utilities, availability of federal and state tax benefits for energy-efficiency projects and decreasing cost of renewable power generation...

Energy as a Service Market worth $105.6 Billion by 2027

Energy as a Service Market
The global Energy as a Service Market is projected to grow from USD 64.7 billion in 2022 to USD 105.6 billion by 2027, at a CAGR of 10.3% according to a new report by MarketsandMarkets™. Increasing distributed energy resources, new revenue generation streams for utilities, availability of federal and state tax benefits for energy-efficiency projects and decreasing cost of renewable power generation and...

Energy as a Service Market Outlook and Evolving Industry Trends

Energy as a Service Market
The global Energy as a Service Market is projected to grow from USD 52.0 billion in 2019 to reach USD 86.9 billion by 2024, at a CAGR of 10.8% during the forecast period. The growth of energy as a service market is driven by the new revenue generating streams for utilities, increased distributed energy resources, decreasing cost of renewable power generation and storage solutions, and availability...

Energy as a Service Market to See Revolutionary Growth by 2024

Energy as a Service Market
The global Energy as a Service Market is projected to reach USD 86.9 billion by 2024 from an estimated USD 52.0 billion in 2019, at a CAGR of 10.8% from 2019 to 2024. The growth of energy as a service market is driven by the new revenue generating streams for utilities, increased distributed energy resources, decreasing cost of renewable power generation and storage solutions, and availability of federal...

Distributed Generation Market to exceed $103.38 Billion by 2022

Distributed Generation Market
The global distributed generation market is expected to grow from an estimated USD 60.04 Billion in 2017 to USD 103.38 Billion by 2022, at a CAGR of 11.48%. This growth can be attributed to the increased global demand for electricity, decreasing costs of solar technology, and rising efforts to reduce global greenhouse gas emissions. The growing demands for electric power accompanied with regulatory...

At CAGR of 29.68%, Virtual Power Plant Market to exceed $709.2 Million by 2021

Virtual Power Plant Market
The global virtual power plant market is expected to grow from USD 193.4 million in 2016 to USD 709.2 million by 2021, at a CAGR of 29.68% from 2016 to 2021. North America is estimated to be the largest market for virtual power plants, followed by Europe in 2016. This trend is expected to continue till 2021. The growth of the virtual power plant market is driven by increasing share of renewable energy...