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North America Virtual Power Plant Market Forecast 2018-2026

North America Virtual Power Plant Market Forecast 2018-2026

KEY FINDINGS
Exhibiting a CAGR of 26.42%, the North American Virtual Power Plant (VPP) market is predicted to showcase a significant growth for the forecast period of 2018-2026. The market is driven by substantial investments for installation of VPPs by private companies and rapid shift towards distributed energy generation from centralized generation.

MARKET INSIGHTS
An increasing focus on clean energy generation through the use of renewable energy is expected to boost the deployment of virtual power plants in North American countries like the U.S and Canada. In 2017, the United States dominated the North American virtual power plant market. The country is also expected to maintain the highest CAGR during the forecast period. According to the Yale School of Forestry & Environmental Studies, there is a notable adoption of VPP through strategic linkage of the networks of solar-powered batteries and installations and energy-efficient buildings in the US. In Canada, initiatives like Clean Energy Fund are expected to proactively finance the renewable energy research projects and boost the deployment of renewable energy across the country. Also, the substantial government funding for boosting the production of renewable energy with the introduction of Green Budget Coalition of 2016 is expected to increase the adoption of VPPs in Canada.

COMPETITIVE INSIGHTS
Companies like Open Access Technology International Inc, IBM Corporation, Autogrid Systems Inc, Enbala, Power Analytics Corporation (Causam Energy), Robert Bosch, Siemens, Abb Ltd, Viridity Energy (Acquired By Ormat Technologies), Blue Pillar, Cisco Systems Inc, General Electric, EnerNOC (Acquired By Enel Green Power North America, Inc) and Schneider Electric are competing in this market.


1. Research Scope
1.1. Study Goals
1.2. Scope Of The Market Study
1.3. Who Will Find This Report Useful?
1.4. Study And Forecasting Years
2. Research Methodology
2.1. Sources Of Data
2.1.1. Secondary Data
2.1.2. Primary Data
2.2. Top Down Approach
2.3. Bottom-up Approach
2.4. Data Triangulation
3. Executive Summary
3.1. Market Summary
3.2. Key Findings
3.2.1. North America Holds Major Share Of The Virtual Power Plant Market
3.2.2. Demand Response To Lead The Technology Segment
3.2.3. Commercial And Industrial Sector To Dominate The End-user Segment
3.2.4. Rising Renewable Energy Generation To Drive The Market
4. Market Dynamics
4.1. Market Definition
4.2. Drivers
4.2.1. Rapid Shift To Distributed Generation From Centralized Generation
4.2.2. Rising Renewable Energy Generation As Compared To Conventional Energy
4.2.3. Reducing Solar Energy Generation Cost
4.2.4. Rising Demand For Cloud-based Energy Management System
4.3. Restraints
4.3.1. High Capital Cost Required For Software And Control Systems
4.3.2. Adverse Health Effect Due To Radio Frequency Exposure
4.4. Opportunities
4.4.1. Increasing Renewable Energy Development In Emerging Countries
4.4.2. Increasing Development Of Smart Grids
4.4.3. Rising Demand For Electric Vehicles
4.5. Challenges
4.5.1. Security And Privacy Concerns
4.5.2. Lack Of Skilled Professionals
5. Market By End-users
5.1. Commercial & Industrial
5.2. Residential
6. Market By Technology
6.1. Demand Response
6.2. Distribution Generation
6.3. Mixed Assets
7. Key Analytics
7.1. Porter’s 5 Force Model
7.1.1. Threat Of New Entrants
7.1.2. Threat Of Substitute Products
7.1.3. Bargaining Power Of Buyers
7.1.4. Bargaining Power Of Suppliers
7.1.5. Intensity Of Competitive Rivalry
7.2. Key Buying Criteria
7.2.1. Technology
7.2.2. Scalability
7.2.3. Price
7.2.4. Feasibility
7.3. Value Chain Analysis
7.3.1. Power Producers
7.3.2. Virtual Power Plant
7.3.3. Directed Energy Operators (Dsos)
7.3.4. End-users
7.4. Regulatory Framework
7.5. Key Trends
7.5.1. Rise In Electricity Demand
7.5.2. Investments In Virtual Power Plants
7.6. Investment Outlook
7.6.1. Country Outlook
7.6.2. Opportunities In Emerging Technologies
8. Geographical Analysis
8.1. Us
8.2. Canada
9. Competitive Landscape
9.1. Market Share Analysis
9.1.1. Abb
9.1.2. Autogrid Systems Inc.
9.1.3. Enbala Technology
9.1.4. Siemens Ag
9.1.5. Viridity Energy (Acquired By Ormat Technologies)
9.2. Top Winning Strategies
9.3. Company Profiles
9.3.1. Abb
9.3.1.1. Overview
9.3.1.2. Product Portfolio
9.3.1.3. Strategic Initiatives
9.3.1.4. Scot Analysis
9.3.1.5. Strategic Analysis
9.3.2. Autogrid Systems, Inc.
9.3.2.1. Overview
9.3.2.2. Product Portfolio
9.3.2.3. Strategic Initiative
9.3.2.4. Scot Analysis
9.3.2.5. Strategic Analysis
9.3.3. Blue Pillar
9.3.3.1. Overview
9.3.3.2. Product Portfolio
9.3.3.3. Strategic Initiatives
9.3.3.4. Scot Analysis
9.3.3.5. Strategic Analysis
9.3.4. Cisco Systems, Inc.
9.3.4.1. Overview
9.3.4.2. Product Portfolio
9.3.4.3. Scot Analysis
9.3.4.4. Strategic Analysis
9.3.5. Enernoc (Acquired By Enel Green Power North America, Inc.)
9.3.5.1. Overview
9.3.5.2. Product Portfolio
9.3.5.3. Strategic Initiative
9.3.5.4. Scot Analysis
9.3.5.5. Strategic Analysis
9.3.6. General Electric
9.3.6.1. Overview
9.3.6.2. Product Portfolio
9.3.6.3. Strategic Initiatives
9.3.6.4. Scot Analysis
9.3.6.5. Strategic Analysis
9.3.7. Hitachi Ltd
9.3.7.1. Overview
9.3.7.2. Product Portfolio
9.3.7.3. Strategic Initiatives
9.3.7.4. Scot Analysis
9.3.7.5. Strategic Analysis
9.3.8. Flexitricity Limited (Acquired By Alpiq)
9.3.8.1. Overview
9.3.8.2. Product Portfolio
9.3.8.3. Scot Analysis
9.3.8.4. Strategic Analysis
9.3.9. Ibm Corporation
9.3.9.1. Overview
9.3.9.2. Product Portfolio
9.3.9.3. Scot Analysis
9.3.9.4. Strategic Analysis
9.3.10. Open Access Technology International Inc.
9.3.10.1. Overview
9.3.10.2. Product Portfolio
9.3.10.3. Strategic Analysis
9.3.10.4. Scot Analysis
9.3.10.5. Strategic Analysis
9.3.11. Power Analytics Corporation (Causam Energy)
9.3.11.1. Overview
9.3.11.2. Product Portfolio
9.3.11.3. Strategic Initiatives
9.3.11.4. Scot Analysis
9.3.11.5. Strategic Analysis
9.3.12. Robert Bosch
9.3.12.1. Overview
9.3.12.2. Product Portfolio
9.3.12.3. Scot Analysis
9.3.12.4. Strategic Analysis
9.3.13. Schneider Electric
9.3.13.1. Overview
9.3.13.2. Product Portfolio
9.3.13.3. Strategic Initiatives
9.3.13.4. Scot Analysis
9.3.13.5. Strategic Analysis
9.3.14. Siemens
9.3.14.1. Overview
9.3.14.2. Product Portfolio
9.3.14.3. Strategic Initiatives
9.3.14.4. Scot Analysis
9.3.14.5. Strategic Analysis
9.3.15. Viridity Energy (Acquired By Ormat Technologies)
9.3.15.1. Overview
9.3.15.2. Product Portfolio
9.3.15.3. Strategic Initiatives
9.3.15.4. Scot Analysis
9.3.15.5. Strategic Analysis
9.3.16. Enbala
9.3.16.1. Overview
9.3.16.2. Product Portfolio
9.3.16.3. Strategic Initiatives
9.3.16.4. Scot Analysis
9.3.16.5. Strategic Analysis
List Of Tables
Table 1 North America Virtual Power Plant Market By Country 2018-2026 ($ Million)
Table 2 Cost Reduction Potential For Solar And Wind Power (2015-2025)
Table 3 Smart Grid Investments In North America
Table 4 North America Virtual Power Plant Market By End-user 2018-2026 ($ Million)
Table 5 North America Virtual Power Plant Market By Technology 2018-2026 ($ Million)
Table 6 Investments In Virtual Power Plants
Table 7 North America Virtual Power Plant Market By Country 2018-2026 ($ Million)
List Of Figures
Figure 1 North America Virtual Power Plant Market By Technology 2018-2026 ($ Million)
Figure 2 North America Virtual Power Plant Market 2018-2026 ($ Million)
Figure 3 North America Demand Response Virtual Power Plant Market 2018-2026 ($ Million)
Figure 4 North America Commercial And Industrial Market 2018-2026 ($ Million)
Figure 5 North America Commercial & Industrial Market 2018-2026 ($ Million)
Figure 6 North America Residential Market 2018-2026 ($ Million)
Figure 7 North America Demand Response Market 2018-2026 ($ Million)
Figure 8 North America Distribution Generation Market 2018-2026 ($ Million)
Figure 9 North America Mixed Assets Market 2018-2026 ($ Million)
Figure 10 Electricity Demand Projection Till 2040
Figure 11 Investment Proposition For North America Virtual Power Plant Market By Country– 2017
Figure 12 Investment Proposition For North America Virtual Power Plant Market By Technologies – 2017
Figure 13 United States Virtual Power Plant Market 2018-2026 ($ Million)
Figure 14 Canada Virtual Power Plant Market 2018-2026 ($ Million)
Figure 15 Market Share Analysis Of North America Virtual Power Plant Market – 2017 (%)

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