Guidehouse expects one-fifth of distributed energy storage deployments in 2030 to be VPP-enabled. Image: Guidehouse Insights.
Annual deployments of distributed energy storage connected to virtual power plants (VPP) are expected to reach 3GW by 2030, according to research firm Guidehouse Insights.
The VPP Applications for Distributed Energy Storage report expects annual installations of VPP-enabled distributed energy storage (DES) to grow by an average compound annual growth rate (CAGR) of 28% over the decade, from 288.1MW installed last year to 3GW by 2030.
“As distributed energy markets increasingly become more connected and designed with intelligent management technology, more DER (distributed energy resource) deployments are anticipated to have VPP capabilities at the ready,” said Maria Chavez, research analyst with Guidehouse Insights.
The company…