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.
According to our (Global Info Research) latest study, the global Virtual Power Plant (VPP) market size was valued at USD 621.1 million in 2022 and is forecast to a readjusted size of USD 2296.3 million by 2029 with a CAGR of 20.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global core virtual power plant (VPP) manufacturers include ?rsted, Duke Energy and RWE etc. The top 5 companies hold a share about 65%. Europe is the largest market, with a share about 52%, followed by Asia Pacific and North America with the share about 25% and 18%.In terms of product, FM model is the largest segment, with a share about 55%. And in terms of application, the largest application is commercial, followed by residential.
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This report is a detailed and comprehensive analysis for global Virtual Power Plant (VPP) market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Market segment by Type
OC Model
FM Model
Market segment by Application
Commercial
Industrial
Residential
Market segment by players, this report covers
?rsted
Duke Energy
RWE
Enbala
Bosch
GE Digital Energy
EnerNOC
Schneider Electric（AutoGrid）
Siemens
Viridity Energy
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Virtual Power Plant (VPP)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Virtual Power Plant (VPP) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Virtual Power Plant (VPP), with price, sales, revenue and global market share of Virtual Power Plant (VPP) from 2018 to 2023.
Chapter 3, the Virtual Power Plant (VPP) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Virtual Power Plant (VPP) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Virtual Power Plant (VPP) market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Virtual Power Plant (VPP).
Chapter 14 and 15, to describe Virtual Power Plant (VPP) sales channel, distributors, customers, research findings and conclusion.
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