Global Power Purchase Agreement Market Size study & Forecast, by Type, by Application, by End-Use and Regional Analysis, 2022-2029

Description

List of Tables

Global Power Purchase Agreement Market is valued at approximately USD 11.6 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.9% over the forecast period 2022-2029. Power Purchase Agreement can be defined as a long-term electricity supply agreement between two parties. The agreement is generally signed between a power producer and a customer (Industrial or trader). The agreement comprised of rules and conditions which include the amount of electricity to be supplied, mutually agreed price, accounting of energy, and penalties for non-compliance with underline rules. Moreover, certain elements are common across all PPAs such as different considerations that apply for mid-range or peaking thermal plants or plants using different power generation sources including wind or solar for power production. The increasing adoption of renewable energy sources and growing electricity demand worldwide are key factors driving the market growth.

Over the years the demand for electricity has significantly increased due to growing industrialization and rising adoption of electric vehicles. For instance - as per Statista - as of 2020, the global electricity demand was estimated at 23,995 Terawatt hours, and as per projections the global electricity demand reach to 29463 Terawatt hours by 2030, and further 35277 Terawatt hours by 2040. Also, increasing investment in onsite and offsite clean energy power plants and rising industrialization in developing economies would create a lucrative growth prospectus for the market over the forecast period. However, the lack of incentives & government support coupled with improper regulatory framework impede the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Power Purchase Agreement Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to production of power through renewable sources and presence of leading market players in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising public-private spending on renewable energy sources as well as favorable government initiatives that positively influence the market growth over the forecast period in the region.

Major market players included in this report are:

General Electric Company
Siemens AG
Statkraft Group
Ameresco Inc.
Enel S.p.A.
Ecohz
RES Group
Schneider Electric
Shell Plc.
RWE AG
Engie SA

Recent Developments in the Market:

In November 2022, RWE announced the expansion of its green portfolio and enhances security of supply during energy crisis. In 2022, the company extended its green portfolio by 1.3 gigawatts and further 9.4 gigawatts through buildouts and acquisitions.
In August 2022, Siemens Gamesa signed an agreement with ACEN CORPORATION to Develop a 70 MW Wind Farm in Philippines. The development is intended to fulfil the increasing demand for renewable energy in the country.

Global Power Purchase Agreement Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Type, Application, End-Use, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Type

Physical PPA
Portfolio PPA
Block Delivery PPA
Others

By Application

Wind
Solar
Hydro
Geothermal
Others

By End-Use

Corporate
Merchant
Residential

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Power Purchase Agreement Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Power Purchase Agreement Market, by Type, 2019-2029 (USD Billion)
- 1.2.3. Power Purchase Agreement Market, by Application, 2019-2029 (USD Billion)
- 1.2.4. Power Purchase Agreement Market, by End-Use, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Power Purchase Agreement Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Power Purchase Agreement Market Dynamics

3.1. Power Purchase Agreement Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing adoption of renewable energy sources
  - 3.1.1.2. Growing electricity demand worldwide
- 3.1.2. Market Challenges
  - 3.1.2.1. Lack of incentives & government support
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing investment in onsite and offsite clean energy power plants
  - 3.1.3.2. Rising industrialization in developing economies

Chapter 4. Global Power Purchase Agreement Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Power Purchase Agreement Market, by Type

6.1. Market Snapshot
6.2. Global Power Purchase Agreement Market by Type, Performance - Potential Analysis
6.3. Global Power Purchase Agreement Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Power Purchase Agreement Market, Sub Segment Analysis
- 6.4.1. Physical PPA
- 6.4.2. Portfolio PPA
- 6.4.3. Block Delivery PPA
- 6.4.4. Others

Chapter 7. Global Power Purchase Agreement Market, by Application

7.1. Market Snapshot
7.2. Global Power Purchase Agreement Market by Application, Performance - Potential Analysis
7.3. Global Power Purchase Agreement Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Power Purchase Agreement Market, Sub Segment Analysis
- 7.4.1. Wind
- 7.4.2. Solar
- 7.4.3. Hydro
- 7.4.4. Geothermal
- 7.4.5. Others

Chapter 8. Global Power Purchase Agreement Market, by End-Use

8.1. Market Snapshot
8.2. Global Power Purchase Agreement Market by End-Use, Performance - Potential Analysis
8.3. Global Power Purchase Agreement Market Estimates & Forecasts by End-Use 2019-2029 (USD Billion)
8.4. Power Purchase Agreement Market, Sub Segment Analysis
- 8.4.1. Corporate
- 8.4.2. Merchant
- 8.4.3. Residential

Chapter 9. Global Power Purchase Agreement Market, Regional Analysis

9.1. Power Purchase Agreement Market, Regional Market Snapshot
9.2. North America Power Purchase Agreement Market
- 9.2.1. U.S. Power Purchase Agreement Market
  - 9.2.1.1. Type breakdown estimates & forecasts, 2019-2029
  - 9.2.1.2. Application breakdown estimates & forecasts, 2019-2029
  - 9.2.1.3. End-Use breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Power Purchase Agreement Market
9.3. Europe Power Purchase Agreement Market Snapshot
- 9.3.1. U.K. Power Purchase Agreement Market
- 9.3.2. Germany Power Purchase Agreement Market
- 9.3.3. France Power Purchase Agreement Market
- 9.3.4. Spain Power Purchase Agreement Market
- 9.3.5. Italy Power Purchase Agreement Market
- 9.3.6. Rest of Europe Power Purchase Agreement Market
9.4. Asia-Pacific Power Purchase Agreement Market Snapshot
- 9.4.1. China Power Purchase Agreement Market
- 9.4.2. India Power Purchase Agreement Market
- 9.4.3. Japan Power Purchase Agreement Market
- 9.4.4. Australia Power Purchase Agreement Market
- 9.4.5. South Korea Power Purchase Agreement Market
- 9.4.6. Rest of Asia Pacific Power Purchase Agreement Market
9.5. Latin America Power Purchase Agreement Market Snapshot
- 9.5.1. Brazil Power Purchase Agreement Market
- 9.5.2. Mexico Power Purchase Agreement Market
- 9.5.3. Rest of Latin America Power Purchase Agreement Market
9.6. Rest of The World Power Purchase Agreement Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. General Electric Company
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. Siemens AG
- 10.2.3. Statkraft Group
- 10.2.4. Ameresco Inc.
- 10.2.5. Enel S.p.A.
- 10.2.6. Ecohz
- 10.2.7. RES Group
- 10.2.8. Schneider Electric
- 10.2.9. Shell Plc.
- 10.2.10. RWE AG
- 10.2.11. Engie SA

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Power Purchase Agreement Market, report scope
TABLE 2. Global Power Purchase Agreement Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Power Purchase Agreement Market estimates & forecasts by Type 2019-2029 (USD Billion)
TABLE 4. Global Power Purchase Agreement Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 5. Global Power Purchase Agreement Market estimates & forecasts by End-Use 2019-2029 (USD Billion)
TABLE 6. Global Power Purchase Agreement Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Power Purchase Agreement Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Power Purchase Agreement Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Power Purchase Agreement Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Power Purchase Agreement Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Power Purchase Agreement Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Power Purchase Agreement Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Power Purchase Agreement Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Power Purchase Agreement Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Power Purchase Agreement Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Power Purchase Agreement Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Power Purchase Agreement Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Power Purchase Agreement Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Power Purchase Agreement Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Power Purchase Agreement Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Power Purchase Agreement Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Power Purchase Agreement Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Power Purchase Agreement Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Power Purchase Agreement Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Power Purchase Agreement Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Power Purchase Agreement Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Power Purchase Agreement Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Power Purchase Agreement Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Power Purchase Agreement Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Power Purchase Agreement Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Power Purchase Agreement Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Power Purchase Agreement Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Power Purchase Agreement Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Power Purchase Agreement Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Power Purchase Agreement Market
TABLE 71. List of primary sources, used in the study of global Power Purchase Agreement Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Power Purchase Agreement Market, research methodology
FIG 2. Global Power Purchase Agreement Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Power Purchase Agreement Market, key trends 2021
FIG 5. Global Power Purchase Agreement Market, growth prospects 2022-2029
FIG 6. Global Power Purchase Agreement Market, porters 5 force model
FIG 7. Global Power Purchase Agreement Market, pest analysis
FIG 8. Global Power Purchase Agreement Market, value chain analysis
FIG 9. Global Power Purchase Agreement Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Power Purchase Agreement Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Power Purchase Agreement Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Power Purchase Agreement Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Power Purchase Agreement Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Power Purchase Agreement Market, regional snapshot 2019 & 2029
FIG 15. North America Power Purchase Agreement Market 2019 & 2029 (USD Billion)
FIG 16. Europe Power Purchase Agreement Market 2019 & 2029 (USD Billion)
FIG 17. Asia Pacific Power Purchase Agreement Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Power Purchase Agreement Market 2019 & 2029 (USD Billion)
FIG 19. Global Power Purchase Agreement Market, company Market share analysis (2021)