The Global Microgrids (MGs) and Virtual Power Plants (VPPs) Market

Challenges and Promises in Decentralizing the Grid and Morphing Business Models

  • Research Code : 9AAE-00-07-00-00
  • SKU : EG00043-GL-MR_00538
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  • Release Date : 19-Mar-2015
  • Region : Global
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An MG is an energy system consisting of a group of interconnected loads, distributed energy resources, consumers, and optional storage that acts as a single controllable entity with respect to the grid. A VPP is a virtual network that is dependent on software systems to connect remotely and automate dispatch of power generation. The fine line that differentiates MGs and VPPs is discussed in this deliverable, with a detailed analysis from a utility standpoint. Also discussed are the opportunities, threats, value chain analysis, hot geographic regions, and the network of market participants.
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