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 Markets 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.
This report contains market size and forecasts of Virtual Power Plant (VPP) in Global, including the following market information:
Global Virtual Power Plant (VPP) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Virtual Power Plant (VPP) market was valued at 621.1 million in 2021 and is projected to reach US$ 2296.3 million by 2028, at a CAGR of 20.5% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
OC Model Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Virtual Power Plant (VPP) include ?rsted, Duke Energy, RWE, Enbala, Bosch, GE Digital Energy, EnerNOC, Schneider Electric (AutoGrid) and Siemens and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
Publishers has surveyed the Virtual Power Plant (VPP) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Virtual Power Plant (VPP) Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Virtual Power Plant (VPP) Market Segment Percentages, by Type, 2021 (%)
OC Model
FM Model
Global Virtual Power Plant (VPP) Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Virtual Power Plant (VPP) Market Segment Percentages, by Application, 2021 (%)
Commercial
Industrial
Residential
Global Virtual Power Plant (VPP) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Virtual Power Plant (VPP) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Virtual Power Plant (VPP) revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Virtual Power Plant (VPP) revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
?rsted
Duke Energy
RWE
Enbala
Bosch
GE Digital Energy
EnerNOC
Schneider Electric (AutoGrid)
Siemens
Viridity Energy
Table of Contents
1 Introduction to Research & Analysis Reports
1.1 Virtual Power Plant (VPP) Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Virtual Power Plant (VPP) Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Virtual Power Plant (VPP) Overall Market Size
2.1 Global Virtual Power Plant (VPP) Market Size: 2021 VS 2028
2.2 Global Virtual Power Plant (VPP) Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Virtual Power Plant (VPP) Players in Global Market
3.2 Top Global Virtual Power Plant (VPP) Companies Ranked by Revenue
3.3 Global Virtual Power Plant (VPP) Revenue by Companies
3.4 Top 3 and Top 5 Virtual Power Plant (VPP) Companies in Global Market, by Revenue in 2021
3.5 Global Companies Virtual Power Plant (VPP) Product Type
3.6 Tier 1, Tier 2 and Tier 3 Virtual Power Plant (VPP) Players in Global Market
3.6.1 List of Global Tier 1 Virtual Power Plant (VPP) Companies
3.6.2 List of Global Tier 2 and Tier 3 Virtual Power Plant (VPP) Companies
4 Market Sights by Product
4.1 Overview
4.1.1 by Type - Global Virtual Power Plant (VPP) Market Size Markets, 2021 & 2028
4.1.2 OC Model
4.1.3 FM Model
4.2 By Type - Global Virtual Power Plant (VPP) Revenue & Forecasts
4.2.1 By Type - Global Virtual Power Plant (VPP) Revenue, 2017-2022
4.2.2 By Type - Global Virtual Power Plant (VPP) Revenue, 2023-2028
4.2.3 By Type - Global Virtual Power Plant (VPP) Revenue Market Share, 2017-2028
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Virtual Power Plant (VPP) Market Size, 2021 & 2028
5.1.2 Commercial
5.1.3 Industrial
5.1.4 Residential
5.2 By Application - Global Virtual Power Plant (VPP) Revenue & Forecasts
5.2.1 By Application - Global Virtual Power Plant (VPP) Revenue, 2017-2022
5.2.2 By Application - Global Virtual Power Plant (VPP) Revenue, 2023-2028
5.2.3 By Application - Global Virtual Power Plant (VPP) Revenue Market Share, 2017-2028
6 Sights by Region
6.1 By Region - Global Virtual Power Plant (VPP) Market Size, 2021 & 2028
6.2 By Region - Global Virtual Power Plant (VPP) Revenue & Forecasts
6.2.1 By Region - Global Virtual Power Plant (VPP) Revenue, 2017-2022
6.2.2 By Region - Global Virtual Power Plant (VPP) Revenue, 2023-2028
6.2.3 By Region - Global Virtual Power Plant (VPP) Revenue Market Share, 2017-2028
6.3 North America
6.3.1 By Country - North America Virtual Power Plant (VPP) Revenue, 2017-2028
6.3.2 US Virtual Power Plant (VPP) Market Size, 2017-2028
6.3.3 Canada Virtual Power Plant (VPP) Market Size, 2017-2028
6.3.4 Mexico Virtual Power Plant (VPP) Market Size, 2017-2028
6.4 Europe
6.4.1 By Country - Europe Virtual Power Plant (VPP) Revenue, 2017-2028
6.4.2 Germany Virtual Power Plant (VPP) Market Size, 2017-2028
6.4.3 France Virtual Power Plant (VPP) Market Size, 2017-2028
6.4.4 U.K. Virtual Power Plant (VPP) Market Size, 2017-2028
6.4.5 Italy Virtual Power Plant (VPP) Market Size, 2017-2028
6.4.6 Russia Virtual Power Plant (VPP) Market Size, 2017-2028
6.4.7 Nordic Countries Virtual Power Plant (VPP) Market Size, 2017-2028
6.4.8 Benelux Virtual Power Plant (VPP) Market Size, 2017-2028
6.5 Asia
6.5.1 By Region - Asia Virtual Power Plant (VPP) Revenue, 2017-2028
6.5.2 China Virtual Power Plant (VPP) Market Size, 2017-2028
6.5.3 Japan Virtual Power Plant (VPP) Market Size, 2017-2028
6.5.4 South Korea Virtual Power Plant (VPP) Market Size, 2017-2028
6.5.5 Southeast Asia Virtual Power Plant (VPP) Market Size, 2017-2028
6.5.6 India Virtual Power Plant (VPP) Market Size, 2017-2028
6.6 South America
6.6.1 By Country - South America Virtual Power Plant (VPP) Revenue, 2017-2028
6.6.2 Brazil Virtual Power Plant (VPP) Market Size, 2017-2028
6.6.3 Argentina Virtual Power Plant (VPP) Market Size, 2017-2028
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Virtual Power Plant (VPP) Revenue, 2017-2028
6.7.2 Turkey Virtual Power Plant (VPP) Market Size, 2017-2028
6.7.3 Israel Virtual Power Plant (VPP) Market Size, 2017-2028
6.7.4 Saudi Arabia Virtual Power Plant (VPP) Market Size, 2017-2028
6.7.5 UAE Virtual Power Plant (VPP) Market Size, 2017-2028
7 Players Profiles
7.1