Future of Independent Power Producers Market: Comprehensive Forecast 2032
The global Independent Power Producers (IPP) and energy traders market size was valued at approximately USD 190 billion in 2023 and is projected to reach around USD 300 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.1% during the forecast period. The growth of this market is significantly driven by the increasing demand for electricity, the ongoing transition towards renewable energy sources, and the need for energy security and diversification.
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