North America Virtual Power Plant (VPP) Market: H1 2023

Report Summary:

Virtual power plants (VPPs) are a recent market construct for which there is much discussion but little data. This report analyzes the state of the VPP market today in the US and Canada, based on a database of over 500 VPP projects. Topics covered include project geographic, technological, and customer trends; drivers; monetization pathways and the commercial landscape of providers. Data presented includes VPP project counts by state, company, technology and other attributes; MW of capacity under management; number of integrations between VPP operators and DER platforms; and key utility DR programs and state incentive programs for DERs.