This report provides an overview of the global virtual power plant (VPP) market. The report segments global VPP market based on technology, end-user and region. It presents an analysis of the ESG sustainability developments in the VPP industry.
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
Table of Contents
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