The virtual power plant market comprises major companies providing distributed energy resource management software and energy storage systems. This varied range of market participants provides opportunities to other players willing to bear the high risks involved in the industry. This chapter details the latest strategies and developments adopted by the key market players in the virtual power plant market. In order to lead the market as well as engage in the process of market growth, a company needs to work in collaboration with the top market leaders, acquire the relatively weaker companies, bring new products and services to the market, and improve the existing products.

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Key Questions Answered in the Report:

•    What is the global virtual power plant market size in terms of revenue from 2018-2024, and what is the expected growth rate during the forecast period 2019-2024? 
•    What is the revenue generated by different types of virtual power plants based on technologies such as demand response, distributed generation, and mixed assets?
•    What is the revenue generated by virtual power plant in different end users such as industrial, commercial, and residential at a global and regional level? 
•    What is the market size and what are the various market opportunities of virtual power plant across different regions?
•    What are the major driving forces that are expected to increase the demand for the global virtual power plant market during the forecast period?
•    What are the emerging market trends and technologies global virtual power plant market?
•    What are the major challenges inhibiting the growth of the global virtual power plant market?
•    Who are the major stakeholders in terms of their contribution and impact in the virtual power plant ecosystem? 
•    What kind of new strategies are adopted by the existing market players to expand their market position in the industry?
•    What is the competitive strength of the key players in the virtual power plant market on the basis of analysis of their recent developments, product offerings, and regional presence?
•    What is the regulatory landscape in different regions for virtual power plant?

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The result of the emerging strategies and developments are already surging the market in the form of partnerships, collaborations, and joint ventures. Moreover, the growing market of virtual power plant is further expected to increase the involvement of companies across different segments of the value chain. The key players actively taking part in the virtual power plant market are ABB Ltd, General Electric, ENGIE, Schneider Electric, and Siemens AG, among others.

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