Global Virtual Power Plant Market

Global Virtual Power Plant Market



Report Scope

This report identifies the segments by technology, source end use and regional market development for the virtual power plant (VPP) market. It provides analysis of major countries’ markets, including the U.S., Canada, China, India and Germany, where the opportunities for increasing renewable power generation are most profitable.

This report also provides information on the leading companies’ product types, business footprints and revenues. It includes a list of other companies in the global and regional markets, along with their product-related information. Patent analysis for the VPP market, which represents a significant investment area for investors, is also included. The report includes a chapter on environmental, social and governance (ESG) developments and explores the competitive landscape. Market numbers have been derived for the newly added annual capacity of VPP, not the total installed capacity.

In this report, 2022 is considered the base year. Estimates are provided for 2023 and the market values are forecast through 2028. All market values are in the U.S. dollars.

Report Includes

An overview of the global markets for virtual power plants (VPPs)

Analyses of the global market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, forecasts for 2024 and 2027, and projections of compound annual growth rates (CAGRs) through 2028

Discussions of the market potential for VPPs in the power generation industry, future trends and innovations, and forecasts for this market’s segments and sub-segments

An estimate of the market size and revenue forecast, and a corresponding market share analysis by technology, end user and region

A look at the sustainability trends and ESG developments in VPPs, with an emphasis on consumer attitudes, analysis of companies’ ESG scores and the ESG practices of leading companies

An analysis of patents related to VPPs

Insight into the industry structure, current competitive landscape, R&D activity, companies’ growth strategies, and company value share analysis

A look at recent M&A activity and the outlook for venture funding

Profiles of the leading global players

Companies Mentioned

1KOMMA5
ABB
AGL ENERGY LTD.
AUTOGRID SYSTEMS INC.
CPOWER
ENEL X NORTH AMERICA INC.
FLEXITRICITY
GENERAL ELECTRIC
LIMEJUMP
NEXT KRAFTWERKE
SIEMENS
STATKRAFT AS


Chapter 1 Executive Summary
Market Outlook
Scope of Report
Market Summary
Chapter 2 Market Overview
Virtual Power Plant Overview
Technical VPPs
Commercial VPPs
Impact of COVID-19
Impact of the Russia-Ukraine War
Chapter 3 Market Dynamics
Market Dynamics Snapshot
Market Drivers
Increasing Use of Renewable Energy in Power Generation
Rising Investments in Adopting Smart Grids
Growing Global Demand for Electricity
Market Restraints
High Initial Cost to Transform Existing Power Infrastructure
Market Opportunities
Integration of Distributed Energy Resources into the Grid
Growing Expansion of Smart Cities
Market Challenges
Cybersecurity Risks Due to Digitalization of Utilities
Chapter 4 Market Segmentation Analysis
Segmentation Breakdown
Market Breakdown by Technology
Distributed Energy Resource
Demand Response
Mixed Asset
Market Breakdown by End User
Commercial Users
Industrial Users
Residential Users
Geographic Breakdown
Market Breakdown by Region
North America
Europe
Asia-Pacific
Rest of World
Chapter 5 Competitive Intelligence
Overview
Market Ranking
Key Developments
Chapter 6 Sustainability in VPP Industry: An ESG Perspective
Overview
Environment Impact
Social Impact
Governance Impact
Economic and Environmental Benefits
Status of ESG in the VPP Market
Concluding Remarks from BCC Research
Chapter 7 Appendix
Methodology
References
Abbreviations
Company Profiles
1KOMMA5
ABB
AGL ENERGY LTD.
AUTOGRID SYSTEMS INC.
CPOWER
ENEL X NORTH AMERICA INC.
FLEXITRICITY
GENERAL ELECTRIC
LIMEJUMP
NEXT KRAFTWERKE
SIEMENS
STATKRAFT AS
Small-Scale Players
Industry Organizations

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