Global Virtual Power Plant (VPP) Market Research Report 2023
Table of Contents1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Virtual Power Plant (VPP) Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 OC Model
1.2.3 FM Model
1.3 Market by Application
1.3.1 Global Virtual Power Plant (VPP) Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Commercial
1.3.3 Industrial
1.3.4 Residential
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Virtual Power Plant (VPP) Market Perspective (2018-2029)
2.2 Virtual Power Plant (VPP) Growth Trends by Region
2.2.1 Global Virtual Power Plant (VPP) Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Virtual Power Plant (VPP) Historic Market Size by Region (2018-2023)
2.2.3 Virtual Power Plant (VPP) Forecasted Market Size by Region (2024-2029)
2.3 Virtual Power Plant (VPP) Market Dynamics
2.3.1 Virtual Power Plant (VPP) Industry Trends
2.3.2 Virtual Power Plant (VPP) Market Drivers
2.3.3 Virtual Power Plant (VPP) Market Challenges
2.3.4 Virtual Power Plant (VPP) Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Virtual Power Plant (VPP) Players by Revenue
3.1.1 Global Top Virtual Power Plant (VPP) Players by Revenue (2018-2023)
3.1.2 Global Virtual Power Plant (VPP) Revenue Market Share by Players (2018-2023)
3.2 Global Virtual Power Plant (VPP) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Virtual Power Plant (VPP) Revenue
3.4 Global Virtual Power Plant (VPP) Market Concentration Ratio
3.4.1 Global Virtual Power Plant (VPP) Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Virtual Power Plant (VPP) Revenue in 2022
3.5 Virtual Power Plant (VPP) Key Players Head office and Area Served
3.6 Key Players Virtual Power Plant (VPP) Product Solution and Service
3.7 Date of Enter into Virtual Power Plant (VPP) Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Virtual Power Plant (VPP) Breakdown Data by Type
4.1 Global Virtual Power Plant (VPP) Historic Market Size by Type (2018-2023)
4.2 Global Virtual Power Plant (VPP) Forecasted Market Size by Type (2024-2029)
5 Virtual Power Plant (VPP) Breakdown Data by Application
5.1 Global Virtual Power Plant (VPP) Historic Market Size by Application (2018-2023)
5.2 Global Virtual Power Plant (VPP) Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Virtual Power Plant (VPP) Market Size (2018-2029)
6.2 North America Virtual Power Plant (VPP) Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Virtual Power Plant (VPP) Market Size by Country (2018-2023)
6.4 North America Virtual Power Plant (VPP) Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Virtual Power Plant (VPP) Market Size (2018-2029)
7.2 Europe Virtual Power Plant (VPP) Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Virtual Power Plant (VPP) Market Size by Country (2018-2023)
7.4 Europe Virtual Power Plant (VPP) Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Virtual Power Plant (VPP) Market Size (2018-2029)
8.2 Asia-Pacific Virtual Power Plant (VPP) Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Virtual Power Plant (VPP) Market Size by Region (2018-2023)
8.4 Asia-Pacific Virtual Power Plant (VPP) Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Virtual Power Plant (VPP) Market Size (2018-2029)
9.2 Latin America Virtual Power Plant (VPP) Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Virtual Power Plant (VPP) Market Size by Country (2018-2023)
9.4 Latin America Virtual Power Plant (VPP) Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Virtual Power Plant (VPP) Market Size (2018-2029)
10.2 Middle East & Africa Virtual Power Plant (VPP) Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Virtual Power Plant (VPP) Market Size by Country (2018-2023)
10.4 Middle East & Africa Virtual Power Plant (VPP) Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Ørsted
11.1.1 Ørsted Company Detail
11.1.2 Ørsted Business Overview
11.1.3 Ørsted Virtual Power Plant (VPP) Introduction
11.1.4 Ørsted Revenue in Virtual Power Plant (VPP) Business (2018-2023)
11.1.5 Ørsted Recent Development
11.2 Duke Energy
11.2.1 Duke Energy Company Detail
11.2.2 Duke Energy Business Overview
11.2.3 Duke Energy Virtual Power Plant (VPP) Introduction
11.2.4 Duke Energy Revenue in Virtual Power Plant (VPP) Business (2018-2023)
11.2.5 Duke Energy Recent Development
11.3 RWE
11.3.1 RWE Company Detail
11.3.2 RWE Business Overview
11.3.3 RWE Virtual Power Plant (VPP) Introduction
11.3.4 RWE Revenue in Virtual Power Plant (VPP) Business (2018-2023)
11.3.5 RWE Recent Development
11.4 Generac (Enbala)
11.4.1 Generac (Enbala) Company Detail
11.4.2 Generac (Enbala) Business Overview
11.4.3 Generac (Enbala) Virtual Power Plant (VPP) Introduction
11.4.4 Generac (Enbala) Revenue in Virtual Power Plant (VPP) Business (2018-2023)
11.4.5 Generac (Enbala) Recent Development
11.5 Bosch
11.5.1 Bosch Company Detail
11.5.2 Bosch Business Overview
11.5.3 Bosch Virtual Power Plant (VPP) Introduction
11.5.4 Bosch Revenue in Virtual Power Plant (VPP) Business (2018-2023)
11.5.5 Bosch Recent Development
11.6 GE Digital Energy
11.6.1 GE Digital Energy Company Detail
11.6.2 GE Digital Energy Business Overview
11.6.3 GE Digital Energy Virtual Power Plant (VPP) Introduction
11.6.4 GE Digital Energy Revenue in Virtual Power Plant (VPP) Business (2018-2023)
11.6.5 GE Digital Energy Recent Development
11.7 Enel X
11.7.1 Enel X Company Detail
11.7.2 Enel X Business Overview
11.7.3 Enel X Virtual Power Plant (VPP) Introduction
11.7.4 Enel X Revenue in Virtual Power Plant (VPP) Business (2018-2023)
11.7.5 Enel X Recent Development
11.8 Schneider Electric?AutoGrid?
11.8.1 Schneider Electric?AutoGrid? Company Detail
11.8.2 Schneider Electric?AutoGrid? Business Overview
11.8.3 Schneider Electric?AutoGrid? Virtual Power Plant (VPP) Introduction
11.8.4 Schneider Electric?AutoGrid? Revenue in Virtual Power Plant (VPP) Business (2018-2023)
11.8.5 Schneider Electric?AutoGrid? Recent Development
11.9 Siemens
11.9.1 Siemens Company Detail
11.9.2 Siemens Business Overview
11.9.3 Siemens Virtual Power Plant (VPP) Introduction
11.9.4 Siemens Revenue in Virtual Power Plant (VPP) Business (2018-2023)
11.9.5 Siemens Recent Development
11.10 Viridity Energy
11.10.1 Viridity Energy Company Detail
11.10.2 Viridity Energy Business Overview
11.10.3 Viridity Energy Virtual Power Plant (VPP) Introduction
11.10.4 Viridity Energy Revenue in Virtual Power Plant (VPP) Business (2018-2023)
11.10.5 Viridity Energy Recent Development
11.11 ABB
11.11.1 ABB Company Detail
11.11.2 ABB Business Overview
11.11.3 ABB Virtual Power Plant (VPP) Introduction
11.11.4 ABB Revenue in Virtual Power Plant (VPP) Business (2018-2023)
11.11.5 ABB Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
List of TablesTable 1. Global Virtual Power Plant (VPP) Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029
Table 2. Key Players of OC Model
Table 3. Key Players of FM Model
Table 4. Global Virtual Power Plant (VPP) Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029
Table 5. Global Virtual Power Plant (VPP) Market Size by Region (US$ Million): 2018 VS 2022 VS 2029
Table 6. Global Virtual Power Plant (VPP) Market Size by Region (2018-2023) & (US$ Million)
Table 7. Global Virtual Power Plant (VPP) Market Share by Region (2018-2023)
Table 8. Global Virtual Power Plant (VPP) Forecasted Market Size by Region (2024-2029) & (US$ Million)
Table 9. Global Virtual Power Plant (VPP) Market Share by Region (2024-2029)
Table 10. Virtual Power Plant (VPP) Market Trends
Table 11. Virtual Power Plant (VPP) Market Drivers
Table 12. Virtual Power Plant (VPP) Market Challenges
Table 13. Virtual Power Plant (VPP) Market Restraints
Table 14. Global Virtual Power Plant (VPP) Revenue by Players (2018-2023) & (US$ Million)
Table 15. Global Virtual Power Plant (VPP) Market Share by Players (2018-2023)
Table 16. Global Top Virtual Power Plant (VPP) Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Virtual Power Plant (VPP) as of 2022)
Table 17. Ranking of Global Top Virtual Power Plant (VPP) Companies by Revenue (US$ Million) in 2022
Table 18. Global 5 Largest Players Market Share by Virtual Power Plant (VPP) Revenue (CR5 and HHI) & (2018-2023)
Table 19. Key Players Headquarters and Area Served
Table 20. Key Players Virtual Power Plant (VPP) Product Solution and Service
Table 21. Date of Enter into Virtual Power Plant (VPP) Market
Table 22. Mergers & Acquisitions, Expansion Plans
Table 23. Global Virtual Power Plant (VPP) Market Size by Type (2018-2023) & (US$ Million)
Table 24. Global Virtual Power Plant (VPP) Revenue Market Share by Type (2018-2023)
Table 25. Global Virtual Power Plant (VPP) Forecasted Market Size by Type (2024-2029) & (US$ Million)
Table 26. Global Virtual Power Plant (VPP) Revenue Market Share by Type (2024-2029)
Table 27. Global Virtual Power Plant (VPP) Market Size by Application (2018-2023) & (US$ Million)
Table 28. Global Virtual Power Plant (VPP) Revenue Market Share by Application (2018-2023)
Table 29. Global Virtual Power Plant (VPP) Forecasted Market Size by Application (2024-2029) & (US$ Million)
Table 30. Global Virtual Power Plant (VPP) Revenue Market Share by Application (2024-2029)
Table 31. North America Virtual Power Plant (VPP) Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029
Table 32. North America Virtual Power Plant (VPP) Market Size by Country (2018-2023) & (US$ Million)
Table 33. North America Virtual Power Plant (VPP) Market Size by Country (2024-2029) & (US$ Million)
Table 34. Europe Virtual Power Plant (VPP) Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029
Table 35. Europe Virtual Power Plant (VPP) Market Size by Country (2018-2023) & (US$ Million)
Table 36. Europe Virtual Power Plant (VPP) Market Size by Country (2024-2029) & (US$ Million)
Table 37. Asia-Pacific Virtual Power Plant (VPP) Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029
Table 38. Asia-Pacific Virtual Power Plant (VPP) Market Size by Region (2018-2023) & (US$ Million)
Table 39. Asia-Pacific Virtual Power Plant (VPP) Market Size by Region (2024-2029) & (US$ Million)
Table 40. Latin America Virtual Power Plant (VPP) Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029
Table 41. Latin America Virtual Power Plant (VPP) Market Size by Country (2018-2023) & (US$ Million)
Table 42. Latin America Virtual Power Plant (VPP) Market Size by Country (2024-2029) & (US$ Million)
Table 43. Middle East & Africa Virtual Power Plant (VPP) Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029
Table 44. Middle East & Africa Virtual Power Plant (VPP) Market Size by Country (2018-2023) & (US$ Million)
Table 45. Middle East & Africa Virtual Power Plant (VPP) Market Size by Country (2024-2029) & (US$ Million)
Table 46. Ørsted Company Detail
Table 47. Ørsted Business Overview
Table 48. Ørsted Virtual Power Plant (VPP) Product
Table 49. Ørsted Revenue in Virtual Power Plant (VPP) Business (2018-2023) & (US$ Million)
Table 50. Ørsted Recent Development
Table 51. Duke Energy Company Detail
Table 52. Duke Energy Business Overview
Table 53. Duke Energy Virtual Power Plant (VPP) Product
Table 54. Duke Energy Revenue in Virtual Power Plant (VPP) Business (2018-2023) & (US$ Million)
Table 55. Duke Energy Recent Development
Table 56. RWE Company Detail
Table 57. RWE Business Overview
Table 58. RWE Virtual Power Plant (VPP) Product
Table 59. RWE Revenue in Virtual Power Plant (VPP) Business (2018-2023) & (US$ Million)
Table 60. RWE Recent Development
Table 61. Generac (Enbala) Company Detail
Table 62. Generac (Enbala) Business Overview
Table 63. Generac (Enbala) Virtual Power Plant (VPP) Product
Table 64. Generac (Enbala) Revenue in Virtual Power Plant (VPP) Business (2018-2023) & (US$ Million)
Table 65. Generac (Enbala) Recent Development
Table 66. Bosch Company Detail
Table 67. Bosch Business Overview
Table 68. Bosch Virtual Power Plant (VPP) Product
Table 69. Bosch Revenue in Virtual Power Plant (VPP) Business (2018-2023) & (US$ Million)
Table 70. Bosch Recent Development
Table 71. GE Digital Energy Company Detail
Table 72. GE Digital Energy Business Overview
Table 73. GE Digital Energy Virtual Power Plant (VPP) Product
Table 74. GE Digital Energy Revenue in Virtual Power Plant (VPP) Business (2018-2023) & (US$ Million)
Table 75. GE Digital Energy Recent Development
Table 76. Enel X Company Detail
Table 77. Enel X Business Overview
Table 78. Enel X Virtual Power Plant (VPP) Product
Table 79. Enel X Revenue in Virtual Power Plant (VPP) Business (2018-2023) & (US$ Million)
Table 80. Enel X Recent Development
Table 81. Schneider Electric?AutoGrid? Company Detail
Table 82. Schneider Electric?AutoGrid? Business Overview
Table 83. Schneider Electric?AutoGrid? Virtual Power Plant (VPP) Product
Table 84. Schneider Electric?AutoGrid? Revenue in Virtual Power Plant (VPP) Business (2018-2023) & (US$ Million)
Table 85. Schneider Electric?AutoGrid? Recent Development
Table 86. Siemens Company Detail
Table 87. Siemens Business Overview
Table 88. Siemens Virtual Power Plant (VPP) Product
Table 89. Siemens Revenue in Virtual Power Plant (VPP) Business (2018-2023) & (US$ Million)
Table 90. Siemens Recent Development
Table 91. Viridity Energy Company Detail
Table 92. Viridity Energy Business Overview
Table 93. Viridity Energy Virtual Power Plant (VPP) Product
Table 94. Viridity Energy Revenue in Virtual Power Plant (VPP) Business (2018-2023) & (US$ Million)
Table 95. Viridity Energy Recent Development
Table 96. ABB Company Detail
Table 97. ABB Business Overview
Table 98. ABB Virtual Power Plant (VPP) Product
Table 99. ABB Revenue in Virtual Power Plant (VPP) Business (2018-2023) & (US$ Million)
Table 100. ABB Recent Development
Table 101. Research Programs/Design for This Report
Table 102. Key Data Information from Secondary Sources
Table 103. Key Data Information from Primary Sources
List of FiguresFigure 1. Global Virtual Power Plant (VPP) Market Size Comparison by Type (2023-2029) & (US$ Million)
Figure 2. Global Virtual Power Plant (VPP) Market Share by Type: 2022 VS 2029
Figure 3. OC Model Features
Figure 4. FM Model Features
Figure 5. Global Virtual Power Plant (VPP) Market Size Comparison by Application (2023-2029) & (US$ Million)
Figure 6. Global Virtual Power Plant (VPP) Market Share by Application: 2022 VS 2029
Figure 7. Commercial Case Studies
Figure 8. Industrial Case Studies
Figure 9. Residential Case Studies
Figure 10. Virtual Power Plant (VPP) Report Years Considered
Figure 11. Global Virtual Power Plant (VPP) Market Size (US$ Million), Year-over-Year: 2018-2029
Figure 12. Global Virtual Power Plant (VPP) Market Size, (US$ Million), 2018 VS 2022 VS 2029
Figure 13. Global Virtual Power Plant (VPP) Market Share by Region: 2022 VS 2029
Figure 14. Global Virtual Power Plant (VPP) Market Share by Players in 2022
Figure 15. Global Top Virtual Power Plant (VPP) Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Virtual Power Plant (VPP) as of 2022)
Figure 16. The Top 10 and 5 Players Market Share by Virtual Power Plant (VPP) Revenue in 2022
Figure 17. North America Virtual Power Plant (VPP) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 18. North America Virtual Power Plant (VPP) Market Share by Country (2018-2029)
Figure 19. United States Virtual Power Plant (VPP) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 20. Canada Virtual Power Plant (VPP) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 21. Europe Virtual Power Plant (VPP) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 22. Europe Virtual Power Plant (VPP) Market Share by Country (2018-2029)
Figure 23. Germany Virtual Power Plant (VPP) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 24. France Virtual Power Plant (VPP) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 25. U.K. Virtual Power Plant (VPP) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 26. Italy Virtual Power Plant (VPP) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 27. Russia Virtual Power Plant (VPP) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 28. Nordic Countries Virtual Power Plant (VPP) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 29. Asia-Pacific Virtual Power Plant (VPP) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 30. Asia-Pacific Virtual Power Plant (VPP) Market Share by Region (2018-2029)
Figure 31. China Virtual Power Plant (VPP) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 32. Japan Virtual Power Plant (VPP) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 33. South Korea Virtual Power Plant (VPP) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 34. Southeast Asia Virtual Power Plant (VPP) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 35. India Virtual Power Plant (VPP) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 36. Australia Virtual Power Plant (VPP) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 37. Latin America Virtual Power Plant (VPP) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 38. Latin America Virtual Power Plant (VPP) Market Share by Country (2018-2029)
Figure 39. Mexico Virtual Power Plant (VPP) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 40. Brazil Virtual Power Plant (VPP) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 41. Middle East & Africa Virtual Power Plant (VPP) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 42. Middle East & Africa Virtual Power Plant (VPP) Market Share by Country (2018-2029)
Figure 43. Turkey Virtual Power Plant (VPP) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 44. Saudi Arabia Virtual Power Plant (VPP) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 45. Ørsted Revenue Growth Rate in Virtual Power Plant (VPP) Business (2018-2023)
Figure 46. Duke Energy Revenue Growth Rate in Virtual Power Plant (VPP) Business (2018-2023)
Figure 47. RWE Revenue Growth Rate in Virtual Power Plant (VPP) Business (2018-2023)
Figure 48. Generac (Enbala) Revenue Growth Rate in Virtual Power Plant (VPP) Business (2018-2023)
Figure 49. Bosch Revenue Growth Rate in Virtual Power Plant (VPP) Business (2018-2023)
Figure 50. GE Digital Energy Revenue Growth Rate in Virtual Power Plant (VPP) Business (2018-2023)
Figure 51. Enel X Revenue Growth Rate in Virtual Power Plant (VPP) Business (2018-2023)
Figure 52. Schneider Electric?AutoGrid? Revenue Growth Rate in Virtual Power Plant (VPP) Business (2018-2023)
Figure 53. Siemens Revenue Growth Rate in Virtual Power Plant (VPP) Business (2018-2023)
Figure 54. Viridity Energy Revenue Growth Rate in Virtual Power Plant (VPP) Business (2018-2023)
Figure 55. ABB Revenue Growth Rate in Virtual Power Plant (VPP) Business (2018-2023)
Figure 56. Bottom-up and Top-down Approaches for This Report
Figure 57. Data Triangulation
Figure 58. Key Executives Interviewed