A virtual power plant (VPP) is a cloud-based distributed power plant that aggregates the capacities of heterogeneous distributed energy resources (DER) for the purposes of enhancing power generation, as well as trading or selling power on the electricity market. A Virtual Power Plant (VPP) is an aggregated portfolio of Distributed Energy Resources and Controllable Loads into energy blocks which can be used to participate in Energy Âé¶¹Ô´´s and offer Services to the System Operator.
The global Virtual Power Plant market size was valued at US$ 1092 million in 2023 and is forecast to a readjusted size of USD 4890 million by 2030 with a CAGR of 23.6% during review period.
Global core virtual power plant manufacturers include Generac (Enbala), Schneider Electric (AutoGrid), Siemens, GE Digital Energy, ABB, etc. The top 5 companies hold a share about 55%. Europe is the largest market, with a share over 51%, followed by North America and China, with share about 21% and 14%. In terms of product type, FM Model is the largest segment with a share of 53%. And in terms of application, the largest application is commercial, occupied for 44 percent.
This report is a detailed and comprehensive analysis for global Virtual Power Plant market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Virtual Power Plant market size and forecasts, in consumption value ($ Million), 2019-2030
Global Virtual Power Plant market size and forecasts by region and country, in consumption value ($ Million), 2019-2030
Global Virtual Power Plant market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030
Global Virtual Power Plant market shares of main players, in revenue ($ Million), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Virtual Power Plant
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Virtual Power Plant market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ذù²õ³Ù±ð»å, Duke Energy, RWE, Enbala, Bosch, GE Digital Energy, EnerNOC, Schneider Electric(AutoGrid), Siemens, Viridity Energy, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Âé¶¹Ô´´ segmentation
Virtual Power Plant market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Âé¶¹Ô´´ segmentation
Virtual Power Plant market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Âé¶¹Ô´´ segment by Type
OC Model
FM Model
Âé¶¹Ô´´ segment by Application
Commercial
Industrial
Residential
Âé¶¹Ô´´ segment by players, this report covers
ذù²õ³Ù±ð»å
Duke Energy
RWE
Enbala
Bosch
GE Digital Energy
EnerNOC
Schneider Electric(AutoGrid)
Siemens
Viridity Energy
Âé¶¹Ô´´ segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Virtual Power Plant product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Virtual Power Plant, with revenue, gross margin, and global market share of Virtual Power Plant from 2019 to 2024.
Chapter 3, the Virtual Power Plant competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Virtual Power Plant market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Virtual Power Plant.
Chapter 13, to describe Virtual Power Plant research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Âé¶¹Ô´´ Overview
1.1 Product Overview and Scope
1.2 Âé¶¹Ô´´ Estimation Caveats and Base Year
1.3 Classification of Virtual Power Plant by Type
1.3.1 Overview: Global Virtual Power Plant Âé¶¹Ô´´ Size by Type: 2019 Versus 2023 Versus 2030
1.3.2 Global Virtual Power Plant Consumption Value Âé¶¹Ô´´ Share by Type in 2023
1.3.3 OC Model
1.3.4 FM Model
1.4 Global Virtual Power Plant Âé¶¹Ô´´ by Application
1.4.1 Overview: Global Virtual Power Plant Âé¶¹Ô´´ Size by Application: 2019 Versus 2023 Versus 2030
1.4.2 Commercial
1.4.3 Industrial
1.4.4 Residential
1.5 Global Virtual Power Plant Âé¶¹Ô´´ Size & Forecast
1.6 Global Virtual Power Plant Âé¶¹Ô´´ Size and Forecast by Region
1.6.1 Global Virtual Power Plant Âé¶¹Ô´´ Size by Region: 2019 VS 2023 VS 2030
1.6.2 Global Virtual Power Plant Âé¶¹Ô´´ Size by Region, (2019-2030)
1.6.3 North America Virtual Power Plant Âé¶¹Ô´´ Size and Prospect (2019-2030)
1.6.4 Europe Virtual Power Plant Âé¶¹Ô´´ Size and Prospect (2019-2030)
1.6.5 Asia-Pacific Virtual Power Plant Âé¶¹Ô´´ Size and Prospect (2019-2030)
1.6.6 South America Virtual Power Plant Âé¶¹Ô´´ Size and Prospect (2019-2030)
1.6.7 Middle East & Africa Virtual Power Plant Âé¶¹Ô´´ Size and Prospect (2019-2030)
2 Company Profiles
2.1 ذù²õ³Ù±ð»å
2.1.1 ذù²õ³Ù±ð»å Details
2.1.2 ذù²õ³Ù±ð»å Major Business
2.1.3 ذù²õ³Ù±ð»å Virtual Power Plant Product and Solutions
2.1.4 ذù²õ³Ù±ð»å Virtual Power Plant Revenue, Gross Margin and Âé¶¹Ô´´ Share (2019-2024)
2.1.5 ذù²õ³Ù±ð»å Recent Developments and Future Plans
2.2 Duke Energy
2.2.1 Duke Energy Details
2.2.2 Duke Energy Major Business
2.2.3 Duke Energy Virtual Power Plant Product and Solutions
2.2.4 Duke Energy Virtual Power Plant Revenue, Gross Margin and Âé¶¹Ô´´ Share (2019-2024)
2.2.5 Duke Energy Recent Developments and Future Plans
2.3 RWE
2.3.1 RWE Details
2.3.2 RWE Major Business
2.3.3 RWE Virtual Power Plant Product and Solutions
2.3.4 RWE Virtual Power Plant Revenue, Gross Margin and Âé¶¹Ô´´ Share (2019-2024)
2.3.5 RWE Recent Developments and Future Plans
2.4 Enbala
2.4.1 Enbala Details
2.4.2 Enbala Major Business
2.4.3 Enbala Virtual Power Plant Product and Solutions
2.4.4 Enbala Virtual Power Plant Revenue, Gross Margin and Âé¶¹Ô´´ Share (2019-2024)
2.4.5 Enbala Recent Developments and Future Plans
2.5 Bosch
2.5.1 Bosch Details
2.5.2 Bosch Major Business
2.5.3 Bosch Virtual Power Plant Product and Solutions
2.5.4 Bosch Virtual Power Plant Revenue, Gross Margin and Âé¶¹Ô´´ Share (2019-2024)
2.5.5 Bosch Recent Developments and Future Plans
2.6 GE Digital Energy
2.6.1 GE Digital Energy Details
2.6.2 GE Digital Energy Major Business
2.6.3 GE Digital Energy Virtual Power Plant Product and Solutions
2.6.4 GE Digital Energy Virtual Power Plant Revenue, Gross Margin and Âé¶¹Ô´´ Share (2019-2024)
2.6.5 GE Digital Energy Recent Developments and Future Plans
2.7 EnerNOC
2.7.1 EnerNOC Details
2.7.2 EnerNOC Major Business
2.7.3 EnerNOC Virtual Power Plant Product and Solutions
2.7.4 EnerNOC Virtual Power Plant Revenue, Gross Margin and Âé¶¹Ô´´ Share (2019-2024)
2.7.5 EnerNOC Recent Developments and Future Plans
2.8 Schneider Electric(AutoGrid)
2.8.1 Schneider Electric(AutoGrid) Details
2.8.2 Schneider Electric(AutoGrid) Major Business
2.8.3 Schneider Electric(AutoGrid) Virtual Power Plant Product and Solutions
2.8.4 Schneider Electric(AutoGrid) Virtual Power Plant Revenue, Gross Margin and Âé¶¹Ô´´ Share (2019-2024)
2.8.5 Schneider Electric(AutoGrid) Recent Developments and Future Plans
2.9 Siemens
2.9.1 Siemens Details
2.9.2 Siemens Major Business
2.9.3 Siemens Virtual Power Plant Product and Solutions
2.9.4 Siemens Virtual Power Plant Revenue, Gross Margin and Âé¶¹Ô´´ Share (2019-2024)
2.9.5 Siemens Recent Developments and Future Plans
2.10 Viridity Energy
2.10.1 Viridity Energy Details
2.10.2 Viridity Energy Major Business
2.10.3 Viridity Energy Virtual Power Plant Product and Solutions
2.10.4 Viridity Energy Virtual Power Plant Revenue, Gross Margin and Âé¶¹Ô´´ Share (2019-2024)
2.10.5 Viridity Energy Recent Developments and Future Plans
3 Âé¶¹Ô´´ Competition, by Players
3.1 Global Virtual Power Plant Revenue and Share by Players (2019-2024)
3.2 Âé¶¹Ô´´ Share Analysis (2023)
3.2.1 Âé¶¹Ô´´ Share of Virtual Power Plant by Company Revenue
3.2.2 Top 3 Virtual Power Plant Players Âé¶¹Ô´´ Share in 2023
3.2.3 Top 6 Virtual Power Plant Players Âé¶¹Ô´´ Share in 2023
3.3 Virtual Power Plant Âé¶¹Ô´´: Overall Company Footprint Analysis
3.3.1 Virtual Power Plant Âé¶¹Ô´´: Region Footprint
3.3.2 Virtual Power Plant Âé¶¹Ô´´: Company Product Type Footprint
3.3.3 Virtual Power Plant Âé¶¹Ô´´: Company Product Application Footprint
3.4 New Âé¶¹Ô´´ Entrants and Barriers to Âé¶¹Ô´´ Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Âé¶¹Ô´´ Size Segment by Type
4.1 Global Virtual Power Plant Consumption Value and Âé¶¹Ô´´ Share by Type (2019-2024)
4.2 Global Virtual Power Plant Âé¶¹Ô´´ Forecast by Type (2025-2030)
5 Âé¶¹Ô´´ Size Segment by Application
5.1 Global Virtual Power Plant Consumption Value Âé¶¹Ô´´ Share by Application (2019-2024)
5.2 Global Virtual Power Plant Âé¶¹Ô´´ Forecast by Application (2025-2030)
6 North America
6.1 North America Virtual Power Plant Consumption Value by Type (2019-2030)
6.2 North America Virtual Power Plant Âé¶¹Ô´´ Size by Application (2019-2030)
6.3 North America Virtual Power Plant Âé¶¹Ô´´ Size by Country
6.3.1 North America Virtual Power Plant Consumption Value by Country (2019-2030)
6.3.2 United States Virtual Power Plant Âé¶¹Ô´´ Size and Forecast (2019-2030)
6.3.3 Canada Virtual Power Plant Âé¶¹Ô´´ Size and Forecast (2019-2030)
6.3.4 Mexico Virtual Power Plant Âé¶¹Ô´´ Size and Forecast (2019-2030)
7 Europe
7.1 Europe Virtual Power Plant Consumption Value by Type (2019-2030)
7.2 Europe Virtual Power Plant Consumption Value by Application (2019-2030)
7.3 Europe Virtual Power Plant Âé¶¹Ô´´ Size by Country
7.3.1 Europe Virtual Power Plant Consumption Value by Country (2019-2030)
7.3.2 Germany Virtual Power Plant Âé¶¹Ô´´ Size and Forecast (2019-2030)
7.3.3 France Virtual Power Plant Âé¶¹Ô´´ Size and Forecast (2019-2030)
7.3.4 United Kingdom Virtual Power Plant Âé¶¹Ô´´ Size and Forecast (2019-2030)
7.3.5 Russia Virtual Power Plant Âé¶¹Ô´´ Size and Forecast (2019-2030)
7.3.6 Italy Virtual Power Plant Âé¶¹Ô´´ Size and Forecast (2019-2030)
8 Asia-Pacific
8.1 Asia-Pacific Virtual Power Plant Consumption Value by Type (2019-2030)
8.2 Asia-Pacific Virtual Power Plant Consumption Value by Application (2019-2030)
8.3 Asia-Pacific Virtual Power Plant Âé¶¹Ô´´ Size by Region
8.3.1 Asia-Pacific Virtual Power Plant Consumption Value by Region (2019-2030)
8.3.2 China Virtual Power Plant Âé¶¹Ô´´ Size and Forecast (2019-2030)
8.3.3 Japan Virtual Power Plant Âé¶¹Ô´´ Size and Forecast (2019-2030)
8.3.4 South Korea Virtual Power Plant Âé¶¹Ô´´ Size and Forecast (2019-2030)
8.3.5 India Virtual Power Plant Âé¶¹Ô´´ Size and Forecast (2019-2030)
8.3.6 Southeast Asia Virtual Power Plant Âé¶¹Ô´´ Size and Forecast (2019-2030)
8.3.7 Australia Virtual Power Plant Âé¶¹Ô´´ Size and Forecast (2019-2030)
9 South America
9.1 South America Virtual Power Plant Consumption Value by Type (2019-2030)
9.2 South America Virtual Power Plant Consumption Value by Application (2019-2030)
9.3 South America Virtual Power Plant Âé¶¹Ô´´ Size by Country
9.3.1 South America Virtual Power Plant Consumption Value by Country (2019-2030)
9.3.2 Brazil Virtual Power Plant Âé¶¹Ô´´ Size and Forecast (2019-2030)
9.3.3 Argentina Virtual Power Plant Âé¶¹Ô´´ Size and Forecast (2019-2030)
10 Middle East & Africa
10.1 Middle East & Africa Virtual Power Plant Consumption Value by Type (2019-2030)
10.2 Middle East & Africa Virtual Power Plant Consumption Value by Application (2019-2030)
10.3 Middle East & Africa Virtual Power Plant Âé¶¹Ô´´ Size by Country
10.3.1 Middle East & Africa Virtual Power Plant Consumption Value by Country (2019-2030)
10.3.2 Turkey Virtual Power Plant Âé¶¹Ô´´ Size and Forecast (2019-2030)
10.3.3 Saudi Arabia Virtual Power Plant Âé¶¹Ô´´ Size and Forecast (2019-2030)
10.3.4 UAE Virtual Power Plant Âé¶¹Ô´´ Size and Forecast (2019-2030)
11 Âé¶¹Ô´´ Dynamics
11.1 Virtual Power Plant Âé¶¹Ô´´ Drivers
11.2 Virtual Power Plant Âé¶¹Ô´´ Restraints
11.3 Virtual Power Plant Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 Virtual Power Plant Industry Chain
12.2 Virtual Power Plant Upstream Analysis
12.3 Virtual Power Plant Midstream Analysis
12.4 Virtual Power Plant Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
Ìý
Ìý
*If Applicable.