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U.S. Virtual Power Plant Market

Published Aug 01, 2025
Length 175 Pages
SKU # PRMI20695540

Description

U.S. Virtual Power Plant Market Size, Share, By Component [Hardware (Smart Meters, Remote Terminal Units, and Others), Software (Cloud-based, and On-premise), Services (Consulting, Integration & Deployment, and Others)], Source (Renewable Energy Sources, Conventional Energy Sources, and Hybrid Energy Sources), Technology (Demand Response, Distributed Generation, Mixed Asset, Energy Storage Systems Integration, and Others), Application (Peak Load Management, Energy Trading, Grid Balancing, Remote Monitoring and Forecasting, and Others), End User (Industrial Sector, Commercial Sector, Residential Sector, Utilities and Power Retailers, and Others),Trends, Analysis, and Forecast till 2035

The U.S. Virtual Power Plant Market Report offers an in-depth exploration of emerging market trends, driving factors, challenges, and key segments that shape the industry. It includes a thorough examination of regulatory frameworks, company profiles, and the latest industry developments. The report delves into product development, positioning strategies, and the impact of new technologies on the market landscape. By identifying challenges and opportunities, the report provides a detailed roadmap for market growth.

Due to the increasing use of renewable energy, advantageous federal and state regulations, and developments in smart grid technology, the virtual power plant (VPP) market in the United States is rising quickly. VPPs combine dispersed energy sources, such as solar, wind, and batteries, into a single system for cost reduction, grid stability, and real-time energy management. Peer-to-peer energy trading and demand response are being propelled by favourable laws, tax breaks, and advancements in blockchain, AI, and the Internet of Things.

Report Highlights:
  • U.S. virtual power plant market size is valuated at USD 0.7 Billion in 2025.
  • U.S. Virtual Power Plant Market size is estimated to be valuated at USD 5.1 Billion by 2035 and at a CAGR of 14.65%.
  • Software holds the holds the greatest market share of U.S. virtual power plant market share, by component.
  • Renewable energy sources now have the greatest market share in the U.S. virtual power plant market.
  • Demand response technology has the biggest market share in the virtual power plant market in the U.S.
  • Peak load management has the most market share in the U.S. virtual power plant market.
  • Utilities and power retailers dominate the U.S. Virtual Power Plant market share.
Key Highlights:
  • In December 2023, Enphase Energy, Inc., a global energy technology company and the leading supplier of microinverter-based solar and battery systems, recently announced that it is expanding its support for virtual power plants (VPPs) through grid services programs across the United States powered by the new IQ Battery 5P. Grid services help utility companies avoid running expensive, polluting power plants when demand for electricity is high. In return, the utilities may provide homes hundreds to thousands of dollars in annual incentive payments to assist with the purchase of an Enphase Energy System with an IQ Battery 5P.
Report Analysis:

Review of Virtual Power Plant Operations:

Using cutting-edge software platforms, virtual power plant (VPP) operations entail the centralized coordination of distributed energy resources (DERs), including solar panels, wind turbines, batteries, and programmable loads. In order to balance supply and demand, improve grid stability, and lower operating costs, these systems continuously monitor, aggregate, and optimize energy output and consumption. By providing services such as demand response and peak shaving, VPPs also make it possible to participate in energy markets. They are an essential part of contemporary, decentralized power networks because of their adaptability, scalability, and capacity to incorporate renewable energy.

Segmentation:

By Component:
  • Hardware
o Smart Meters

o Remote Terminal Units

o Others
  • Software
o Cloud-based

o Cloud-based
  • Services
o Consulting

o Integration & Deployment

o Others

By Source:
  • Renewable Energy Sources
  • Conventional Energy Sources
  • Hybrid Energy Sources
By Technology:
  • Demand Response
  • Distributed Generation
  • Mixed Asset
  • Energy Storage Systems Integration
  • Others
By Application:
  • Peak Load Management
  • Energy Trading
  • Grid Balancing
  • Remote Monitoring and Forecasting
  • Others
By End User:
  • Industrial Sector
  • Commercial Sector
  • Residential Sector
  • Utilities and Power Retailers
  • Others
U.S. Virtual Power Plant Market Companies:

ABB

Enel X

Enphase Energy

Honeywell International Inc.

Toshiba Energy Systems & Solutions Corporation

Centrica plc

ev.energy

Tesla

Schneider Electric

Sunrun

Amway Corp.

Stem, Inc.

Siemens

What You’ll Gain from This Report:
  • Pinpoint Lucrative Opportunities: Access granular analysis of regional and country-level markets, identifying underserved segments and optimal areas for investment and expansion.
  • Navigate Market Entry with Confidence: Leverage expert frameworks to sidestep common pitfalls, accelerate your market penetration, and build a sustainable competitive advantage from day one.
  • Future-Proof Your Investments: Base your long-term plans on robust, data-validated forecasts through 2035, with clear strategic checkpoints for 2025, 2026, and 2030.
  • Decode the Competitive Landscape: Gain an unobstructed view of your rivals' playbooks, from their core strategies to their latest moves, allowing you to anticipate shifts and seize the initiative.
  • Optimize for Profitability and Growth: Implement proven, segment-specific strategies designed to enhance operational efficiency, capture market share, and drive your bottom line.
  • Harness Supply Chain Innovation: Discover how cutting-edge technologies are redefining logistics and procurement, creating new opportunities for cost reduction and value creation.
FAQs:

Key Questions Answered in the Report.

1. What was the U.S. Virtual Power Plant Market size in 2025?

2. What is projected growth rate of the U.S. Virtual Power Plant Market during 2025-2035?

3. What are the key factors driving the U.S. Virtual Power Plant Market growth?

4. What are leading players in the U.S. Virtual Power Plant Market?

5. What are the key regions analyzed in the U.S. Virtual Power Plant Market?

6. Which region is dominating in the U.S. Virtual Power Plant Market?

Table of Contents

175 Pages
Us Virtual Power Plant Table of Contents
Research Objective and Assumption
Research Objectives
Assumptions
Abbreviations
Market Preview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Component
Market Snippet, By Source
Market Snippet, By Technology
Market Snippet, By Application
Market Snippet, By End User
Opportunity Map Analysis
Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Market Trends
Type Launch
Merger and Acquisitions
Impact Analysis
PEST Analysis
Review of Virtual Power Plant Operations
Market Segmentation, By Component, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Hardware
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Smart Meters
Remote Terminal Units
Others
Software
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Cloud-based
Cloud-based
Services
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Consulting
Integration & Deployment
Others
Market Segmentation, By Source, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Renewable Energy Sources
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Conventional Energy Sources
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Hybrid Energy Sources
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Technology, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Demand Response
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Distributed Generation
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Mixed Asset
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Energy Storage Systems Integration
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Application, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Peak Load Management
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Energy Trading
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Grid Balancing
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Remote Monitoring and Forecasting
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By End User, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Industrial Sector
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Commercial Sector
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Residential Sector
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Utilities and Power Retailers
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
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