

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.
In this report, what is included in our statistics is the market size of virtual power plant technology service providers.
Âé¶¹Ô´´ Analysis and Insights: Global Virtual Power Plant (VPP) Âé¶¹Ô´´
The global Virtual Power Plant (VPP) market is projected to grow from US$ 1061.6 million in 2024 to US$ 3889.3 million by 2030, at a Compound Annual Growth Rate (CAGR) of 24.2% during the forecast period.
Global core virtual power plant (VPP) manufacturers include Schneider Electric (AutoGrid), Siemens, Generac (Enbala), GE Digital Energy and ABB. The top 5 companies hold a share about 85%. Europe is the largest market, with a share over 50%, followed by Asia Pacific and North America with the share about 25% and 20%.
Based on the product type, the Virtual Power Plant (VPP) is primarily split into OC Model and FM Model. FM model is the largest segment, with a share over 50%.
Based on the Virtual Power Plant (VPP) application, the Virtual Power Plant (VPP) market is segmented into several major parts, like Commercial, Industrial and Residential. The largest application is commercial, followed by residential.
Report Covers:
This report presents an overview of global market for Virtual Power Plant (VPP) market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Virtual Power Plant (VPP), also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Virtual Power Plant (VPP), and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Virtual Power Plant (VPP) revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global Virtual Power Plant (VPP) market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for Virtual Power Plant (VPP) revenue, projected growth trends, production technology, application and end-user industry.
Âé¶¹Ô´´ Segmentation
By Company
ذù²õ³Ù±ð»å
Duke Energy
RWE
Generac (Enbala)
Bosch
GE Digital Energy
Enel X
Schneider Electric(AutoGrid)
Siemens
Viridity Energy
ABB
Segment by Type
OC Model
FM Model
Segment by Application
Commercial
Industrial
Residential
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Revenue of Virtual Power Plant (VPP) in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Virtual Power Plant (VPP) companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
Chapter 7: Europe by Type, by Application and by country, revenue for each segment.
Chapter 8: China by Type, and by Application, revenue for each segment.
Chapter 9: Asia (excluding China) by Type, by Application and by region, revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, revenue for each segment.
Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Virtual Power Plant (VPP) revenue, gross margin, and recent development, etc.
Chapter 12: Analyst's Viewpoints/Conclusions
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Âé¶¹Ô´´ Analysis by Type
1.2.1 Global Virtual Power Plant (VPP) Âé¶¹Ô´´ Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 OC Model
1.2.3 FM Model
1.3 Âé¶¹Ô´´ by Application
1.3.1 Global Virtual Power Plant (VPP) Âé¶¹Ô´´ Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Commercial
1.3.3 Industrial
1.3.4 Residential
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Virtual Power Plant (VPP) Âé¶¹Ô´´ Perspective (2019-2030)
2.2 Global Virtual Power Plant (VPP) Growth Trends by Region
2.2.1 Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Region: 2019 VS 2023 VS 2030
2.2.2 Virtual Power Plant (VPP) Historic Âé¶¹Ô´´ Size by Region (2019-2024)
2.2.3 Virtual Power Plant (VPP) Forecasted Âé¶¹Ô´´ Size by Region (2025-2030)
2.3 Virtual Power Plant (VPP) Âé¶¹Ô´´ Dynamics
2.3.1 Virtual Power Plant (VPP) Industry Trends
2.3.2 Virtual Power Plant (VPP) Âé¶¹Ô´´ Drivers
2.3.3 Virtual Power Plant (VPP) Âé¶¹Ô´´ Challenges
2.3.4 Virtual Power Plant (VPP) Âé¶¹Ô´´ Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue Virtual Power Plant (VPP) by Players
3.1.1 Global Virtual Power Plant (VPP) Revenue by Players (2019-2024)
3.1.2 Global Virtual Power Plant (VPP) Revenue Âé¶¹Ô´´ Share by Players (2019-2024)
3.2 Global Virtual Power Plant (VPP) Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of Virtual Power Plant (VPP), Ranking by Revenue, 2022 VS 2023 VS 2024
3.4 Global Virtual Power Plant (VPP) Âé¶¹Ô´´ Concentration Ratio
3.4.1 Global Virtual Power Plant (VPP) Âé¶¹Ô´´ Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Virtual Power Plant (VPP) Revenue in 2023
3.5 Global Key Players of Virtual Power Plant (VPP) Head office and Area Served
3.6 Global Key Players of Virtual Power Plant (VPP), Product and Application
3.7 Global Key Players of Virtual Power Plant (VPP), Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Virtual Power Plant (VPP) Breakdown Data by Type
4.1 Global Virtual Power Plant (VPP) Historic Âé¶¹Ô´´ Size by Type (2019-2024)
4.2 Global Virtual Power Plant (VPP) Forecasted Âé¶¹Ô´´ Size by Type (2025-2030)
5 Virtual Power Plant (VPP) Breakdown Data by Application
5.1 Global Virtual Power Plant (VPP) Historic Âé¶¹Ô´´ Size by Application (2019-2024)
5.2 Global Virtual Power Plant (VPP) Forecasted Âé¶¹Ô´´ Size by Application (2025-2030)
6 North America
6.1 North America Virtual Power Plant (VPP) Âé¶¹Ô´´ Size (2019-2030)
6.2 North America Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Type
6.2.1 North America Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Type (2019-2024)
6.2.2 North America Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Type (2025-2030)
6.2.3 North America Virtual Power Plant (VPP) Âé¶¹Ô´´ Share by Type (2019-2030)
6.3 North America Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Application
6.3.1 North America Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Application (2019-2024)
6.3.2 North America Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Application (2025-2030)
6.3.3 North America Virtual Power Plant (VPP) Âé¶¹Ô´´ Share by Application (2019-2030)
6.4 North America Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Country
6.4.1 North America Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Country: 2019 VS 2023 VS 2030
6.4.2 North America Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Country (2019-2024)
6.4.3 North America Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Country (2025-2030)
6.4.4 U.S.
6.4.5 Canada
7 Europe
7.1 Europe Virtual Power Plant (VPP) Âé¶¹Ô´´ Size (2019-2030)
7.2 Europe Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Type
7.2.1 Europe Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Type (2019-2024)
7.2.2 Europe Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Type (2025-2030)
7.2.3 Europe Virtual Power Plant (VPP) Âé¶¹Ô´´ Share by Type (2019-2030)
7.3 Europe Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Application
7.3.1 Europe Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Application (2019-2024)
7.3.2 Europe Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Application (2025-2030)
7.3.3 Europe Virtual Power Plant (VPP) Âé¶¹Ô´´ Share by Application (2019-2030)
7.4 Europe Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Country
7.4.1 Europe Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Country: 2019 VS 2023 VS 2030
7.4.2 Europe Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Country (2019-2024)
7.4.3 Europe Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Country (2025-2030)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 China
8.1 China Virtual Power Plant (VPP) Âé¶¹Ô´´ Size (2019-2030)
8.2 China Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Type
8.2.1 China Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Type (2019-2024)
8.2.2 China Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Type (2025-2030)
8.2.3 China Virtual Power Plant (VPP) Âé¶¹Ô´´ Share by Type (2019-2030)
8.3 China Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Application
8.3.1 China Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Application (2019-2024)
8.3.2 China Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Application (2025-2030)
8.3.3 China Virtual Power Plant (VPP) Âé¶¹Ô´´ Share by Application (2019-2030)
9 Asia (excluding China)
9.1 Asia Virtual Power Plant (VPP) Âé¶¹Ô´´ Size (2019-2030)
9.2 Asia Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Type
9.2.1 Asia Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Type (2019-2024)
9.2.2 Asia Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Type (2025-2030)
9.2.3 Asia Virtual Power Plant (VPP) Âé¶¹Ô´´ Share by Type (2019-2030)
9.3 Asia Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Application
9.3.1 Asia Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Application (2019-2024)
9.3.2 Asia Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Application (2025-2030)
9.3.3 Asia Virtual Power Plant (VPP) Âé¶¹Ô´´ Share by Application (2019-2030)
9.4 Asia Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Region
9.4.1 Asia Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Region: 2019 VS 2023 VS 2030
9.4.2 Asia Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Region (2019-2024)
9.4.3 Asia Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Region (2025-2030)
9.4.4 Japan
9.4.5 South Korea
9.4.6 China Taiwan
9.4.7 Southeast Asia
9.4.8 India
9.4.9 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Âé¶¹Ô´´ Size (2019-2030)
10.2 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Type
10.2.1 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Type (2019-2024)
10.2.2 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Type (2025-2030)
10.2.3 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Âé¶¹Ô´´ Share by Type (2019-2030)
10.3 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Application
10.3.1 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Application (2019-2024)
10.3.2 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Application (2025-2030)
10.3.3 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Âé¶¹Ô´´ Share by Application (2019-2030)
10.4 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Country
10.4.1 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Country: 2019 VS 2023 VS 2030
10.4.2 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Country (2019-2024)
10.4.3 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Âé¶¹Ô´´ Size by Country (2025-2030)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 Israel
10.4.9 GCC Countries
11 Key Players Profiles
11.1 ذù²õ³Ù±ð»å
11.1.1 ذù²õ³Ù±ð»å Company Details
11.1.2 ذù²õ³Ù±ð»å Business Overview
11.1.3 ذù²õ³Ù±ð»å Virtual Power Plant (VPP) Introduction
11.1.4 ذù²õ³Ù±ð»å Revenue in Virtual Power Plant (VPP) Business (2019-2024)
11.1.5 ذù²õ³Ù±ð»å Recent Developments
11.2 Duke Energy
11.2.1 Duke Energy Company Details
11.2.2 Duke Energy Business Overview
11.2.3 Duke Energy Virtual Power Plant (VPP) Introduction
11.2.4 Duke Energy Revenue in Virtual Power Plant (VPP) Business (2019-2024)
11.2.5 Duke Energy Recent Developments
11.3 RWE
11.3.1 RWE Company Details
11.3.2 RWE Business Overview
11.3.3 RWE Virtual Power Plant (VPP) Introduction
11.3.4 RWE Revenue in Virtual Power Plant (VPP) Business (2019-2024)
11.3.5 RWE Recent Developments
11.4 Generac (Enbala)
11.4.1 Generac (Enbala) Company Details
11.4.2 Generac (Enbala) Business Overview
11.4.3 Generac (Enbala) Virtual Power Plant (VPP) Introduction
11.4.4 Generac (Enbala) Revenue in Virtual Power Plant (VPP) Business (2019-2024)
11.4.5 Generac (Enbala) Recent Developments
11.5 Bosch
11.5.1 Bosch Company Details
11.5.2 Bosch Business Overview
11.5.3 Bosch Virtual Power Plant (VPP) Introduction
11.5.4 Bosch Revenue in Virtual Power Plant (VPP) Business (2019-2024)
11.5.5 Bosch Recent Developments
11.6 GE Digital Energy
11.6.1 GE Digital Energy Company Details
11.6.2 GE Digital Energy Business Overview
11.6.3 GE Digital Energy Virtual Power Plant (VPP) Introduction
11.6.4 GE Digital Energy Revenue in Virtual Power Plant (VPP) Business (2019-2024)
11.6.5 GE Digital Energy Recent Developments
11.7 Enel X
11.7.1 Enel X Company Details
11.7.2 Enel X Business Overview
11.7.3 Enel X Virtual Power Plant (VPP) Introduction
11.7.4 Enel X Revenue in Virtual Power Plant (VPP) Business (2019-2024)
11.7.5 Enel X Recent Developments
11.8 Schneider Electric(AutoGrid)
11.8.1 Schneider Electric(AutoGrid) Company Details
11.8.2 Schneider Electric(AutoGrid) Business Overview
11.8.3 Schneider Electric(AutoGrid) Virtual Power Plant (VPP) Introduction
11.8.4 Schneider Electric(AutoGrid) Revenue in Virtual Power Plant (VPP) Business (2019-2024)
11.8.5 Schneider Electric(AutoGrid) Recent Developments
11.9 Siemens
11.9.1 Siemens Company Details
11.9.2 Siemens Business Overview
11.9.3 Siemens Virtual Power Plant (VPP) Introduction
11.9.4 Siemens Revenue in Virtual Power Plant (VPP) Business (2019-2024)
11.9.5 Siemens Recent Developments
11.10 Viridity Energy
11.10.1 Viridity Energy Company Details
11.10.2 Viridity Energy Business Overview
11.10.3 Viridity Energy Virtual Power Plant (VPP) Introduction
11.10.4 Viridity Energy Revenue in Virtual Power Plant (VPP) Business (2019-2024)
11.10.5 Viridity Energy Recent Developments
11.11 ABB
11.11.1 ABB Company Details
11.11.2 ABB Business Overview
11.11.3 ABB Virtual Power Plant (VPP) Introduction
11.11.4 ABB Revenue in Virtual Power Plant (VPP) Business (2019-2024)
11.11.5 ABB Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
ذù²õ³Ù±ð»å
Duke Energy
RWE
Generac (Enbala)
Bosch
GE Digital Energy
Enel X
Schneider Electric(AutoGrid)
Siemens
Viridity Energy
ABB
Ìý
Ìý
*If Applicable.