Market Research Report
Market Data - Virtual Power Plants: Demand Response, Supply-Side, and Mixed Asset VPP Segment and Regional Forecasts for Capacity, Implementation Spending, and Market Revenue
|Published by||Navigant Research||Product code||861599|
|Published||Content info||37 Pages; 42 Tables, Charts & Figures
Delivery time: 1-2 business days
|Market Data - Virtual Power Plants: Demand Response, Supply-Side, and Mixed Asset VPP Segment and Regional Forecasts for Capacity, Implementation Spending, and Market Revenue|
|Published: June 7, 2019||Content info: 37 Pages; 42 Tables, Charts & Figures||
Virtual power plants (VPPs) can help transform formerly passive consumers into active prosumers through integration and optimization of new technologies such as demand response (DR), solar PV systems, advanced batteries, and EVs. Prosumers become active participants in delivering services tailored to their own needs and preferences that also serve the larger grid. Navigant Research began covering VPPs in 2010. The three primary VPP segments first identified and labeled by Navigant Research and tracked over time are DR, supply-side, and mixed asset VPPs.
The global VPP market is shifting toward the mixed asset VPP model. VPPs can be viewed as a part of a trend often described as transactive energy (TE). This puts the value of the grid itself in a central role. It also involves the counterintuitive trend of customers self-generating and managing supply and demand at the premise. TE involves the free communication of information among parties, allowing them to exchange energy services. The TE market is expected to expand and grow more sophisticated.
This Navigant Research report analyzes capacity, implementation spending, and market revenue for three primary market segments. The study segments the VPP market by two customer applications: commercial and industrial (C&I) and residential customers. Global market forecasts extend from 2019 to 2028 and are based on a number of key assumptions. The report also provides a total VPP forecast for five countries deemed key markets: US, Germany, UK, Australia, and Japan.