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Results for tag: "Distributed Energy Resource"

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Global Virtual Power Plant Market 2023-2028

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The Distributed Energy Resource (DER) market is a rapidly growing sector of the energy storage industry. It encompasses a wide range of technologies, including solar, wind, and battery storage, as well as other emerging technologies such as fuel cells and microgrids. DERs are typically located close to the point of consumption, allowing for more efficient energy delivery and greater control over energy usage. This has enabled customers to reduce their energy costs and increase their energy independence. Additionally, DERs can provide ancillary services to the grid, such as frequency regulation and voltage support, which can help to improve grid reliability. Notable companies in the DER market include Tesla, Sunrun, Sonnen, and Enphase Energy. Show Less Read more