Global Virtual Power Plant Market Size, Status and Forecast 2020-2027

Market Analysis and Insights: Global Virtual Power Plant Market

The global Virtual Power Plant market was valued at US$ 546.04 million in 2019 and it is expected to reach US$ 2154.62 million by the end of 2027, growing at a CAGR of 23.71% during 2020-2027.

Global Virtual Power Plant Scope and Market Size

Virtual Power Plant market is segmented by players, region (country), by Application, and by Application. Players, stakeholders, and other participants in the global Virtual Power Plant market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Application and by Application in terms of revenue and forecast for the period 2015-2027.

This report also analyzes the impact of Coronavirus COVID-19 on the Virtual Power Plant industry.

By Company

?rsted

Duke Energy

RWE

Enbala

Bosch

GE Digital Energy

EnerNOC

Schneider Electric

Siemens

Viridity Energy

Segment by Type

OC Model

FM Model

Segment by Application

Commercial

Industrial

Residential

Segment by Region

North America (US, Canada)

Europe (UK, Germany, France, Denmark, Finland, Spain, Others)

Asia Pacific (China, Japan, South Korea, Australia)

Middle East Africa (South Africa, KSA)

Latin America (Brazil)

1 REPORT OVERVIEW 1

• 1.1 Study Scope 1
• 1.2 Players Covered: Ranking by Virtual Power Plant Revenue 2
• 1.3 Market Analysis by Type 3
  • 1.3.1 Global Virtual Power Plant Market Size Growth Rate by Type: 2020 VS 2027 3
  • 1.3.2 North America Virtual Power Plant Market Size Growth Rate by Type: 2020 VS 2027 4
  • 1.3.3 Europe Virtual Power Plant Market Size Growth Rate by Type: 2020 VS 2027 5
  • 1.3.4 Asia Pacific Virtual Power Plant Market Size Growth Rate by Type: 2020 VS 2027 6
  • 1.3.5 Middle East and Africa Virtual Power Plant Market Size Growth Rate by Type: 2020 VS 2027 7
  • 1.3.6 South America Virtual Power Plant Market Size Growth Rate by Type: 2020 VS 2027 8
• 1.4 Market Analysis by Application 9
  • 1.4.1 Global Virtual Power Plant Market Size Growth Rate by Application: 2020 VS 2027 9
  • 1.4.2 North America Virtual Power Plant Market Size Growth Rate by Application: 2020 VS 2027 10
  • 1.4.3 Europe Virtual Power Plant Market Size Growth Rate by Application: 2020 VS 2027 11
  • 1.4.4 Asia Pacific Virtual Power Plant Market Size Growth Rate by Application: 2020 VS 2027 13
  • 1.4.5 Middle East and Africa Virtual Power Plant Market Size Growth Rate by Application: 2020 VS 2027 14
  • 1.4.6 South America Virtual Power Plant Market Size Growth Rate by Application: 2020 VS 2027 15
• 1.5 Virtual Power Plant Projects Introduction 16
  • 1.5.1 Soleil Lofts Virtual Power Plant Project 16
  • 1.5.2 Sunrun Brightbox rechargeable solar batteries Project 17
• 1.6 Coronavirus Disease 2019 (Covid-19): Virtual Power Plant Industry Impact 17
• 1.7 Study Objectives 18

2 GLOBAL GROWTH TRENDS 20

• 2.1 Global Virtual Power Plant Market Perspective (2015-2027) 20
• 2.2 Virtual Power Plant Growth Trends by Regions 21
  • 2.2.1 Virtual Power Plant Market Size by Regions: 2015 VS 2020 VS 2027 21
  • 2.2.2 Virtual Power Plant Historic Market Size by Regions (2015-2020) 22
  • 2.2.3 Virtual Power Plant Forecasted Market Size by Regions (2021-2027) 23
• 2.3 Industry Trends and Growth Strategy 24
  • 2.3.1 Market Top Trends 24
  • 2.3.2 Market Drivers 25
  • 2.3.3 Market Challenges 26
  • 2.3.4 Porter s Five Forces Analysis 26
  • 2.3.5 Virtual Power Plant Market Growth Strategy 27

3 COMPETITION LANDSCAPE BY KEY PLAYERS 28

• 3.1 Global Top Virtual Power Plant Players by Market Size 28
  • 3.1.1 Global Top Virtual Power Plant Players by Revenue (2015-2020) 28
  • 3.1.2 Global Virtual Power Plant Revenue Market Share by Players (2015-2020) 29
  • 3.1.3 Global Virtual Power Plant Market Share by Company Type (Tier 1, Tier 2 and Tier 3) 30
• 3.2 Global Virtual Power Plant Market Concentration Ratio 31
• 3.3 Virtual Power Plant Key Players Head office and Area Served 31
• 3.4 Established Date of Virtual Power Plant Market 32
• 3.5 Mergers & Acquisitions, Expansion Plans 33

4 VIRTUAL POWER PLANT BREAKDOWN DATA BY TYPE (2015-2027) 35

• 4.1 Global Virtual Power Plant Historic Market Size by Type (2015-2020) 35
• 4.2 Global Virtual Power Plant Forecasted Market Size by Type (2021-2027) 35

5 VIRTUAL POWER PLANT BREAKDOWN DATA BY APPLICATION (2015-2027) 37

• 5.1 Global Virtual Power Plant Historic Market Size by Application (2015-2020) 37
• 5.2 Global Virtual Power Plant Forecasted Market Size by Application (2021-2027) 38

6 NORTH AMERICA 39

• 6.1 North America Virtual Power Plant Market Size (2015-2027) 39
• 6.2 Virtual Power Plant Key Players in North America (2019-2020) 39
• 6.3 North America by Country 41
  • 6.3.1 United States Virtual Power Plant Market Size (2015-2027) 41
  • 6.3.2 Canada Virtual Power Plant Market Size (2015-2027) 42

7 EUROPE 43

• 7.1 Europe Virtual Power Plant Market Size (2015-2027) 43
• 7.2 Virtual Power Plant Key Players in Europe (2019-2020) 43
• 7.3 Europe by Country 45
  • 7.3.1 UK Virtual Power Plant Market Size (2015-2027) 45
  • 7.3.2 Germany Virtual Power Plant Market Size (2015-2027) 46
  • 7.3.3 France Virtual Power Plant Market Size (2015-2027) 47
  • 7.3.4 Finland Virtual Power Plant Market Size (2015-2027) 47
  • 7.3.5 Italy Virtual Power Plant Market Size (2015-2027) 48

8 ASIA PACIFIC 49

• 8.1 Virtual Power Plant Market Size (2015-2027) 49
• 8.2 Virtual Power Plant Key Players in Asia Pacific (2019-2020) 49
• 8.3 Asia-Pacific by Country 50
  • 8.3.1 China Virtual Power Plant Market Size (2015-2027) 51
  • 8.3.2 Japan Virtual Power Plant Market Size (2015-2027) 52
  • 8.3.3 South Korea Virtual Power Plant Market Size (2015-2027) 53
  • 8.3.4 Australia Virtual Power Plant Market Size (2015-2027) 54

9 MIDDLE EAST AFRICA 55

• 9.1 Middle East Africa Virtual Power Plant Market Size (2015-2027) 55
• 9.2 Virtual Power Plant Key Players in Middle East Africa (2019-2020) 55
• 9.3 Middle East and Africa by Country 56
  • 9.3.1 Africa Virtual Power Plant Market Size (2015-2027) 57
  • 9.3.2 Middle East Virtual Power Plant Market Size (2015-2027) 58

10 SOUTH AMERICA 59

• 10.1 South America Virtual Power Plant Market Size (2015-2027) 59
• 10.2 Virtual Power Plant Key Players in South America (2019-2020) 59
• 10.3 South America by Country 61

11 KEY PLAYERS PROFILES 63

• 11.1 ?rsted 63
  • 11.1.1 ?rsted Company Details 63
  • 11.1.2 ?rsted Business Overview 63
  • 11.1.3 ?rsted Virtual Power Plant Introduction 64
  • 11.1.4 ?rsted Revenue in Virtual Power Plant Business (2015-2020) 65
• 11.2 Duke Energy 65
  • 11.2.1 Duke Energy Company Details 65
  • 11.2.2 Duke Energy Business Overview 66
  • 11.2.3 Duke Energy Virtual Power Plant Introduction 66
  • 11.2.4 Duke Energy Revenue in Virtual Power Plant Business (2015-2020) 67
• 11.3 RWE 67
  • 11.3.1 RWE Company Details 67
  • 11.3.2 RWE Business Overview 68
  • 11.3.3 RWE Virtual Power Plant Introduction 68
  • 11.3.4 RWE Revenue in Virtual Power Plant Business (2015-2020) 69
• 11.4 Enbala 69
  • 11.4.1 Enbala Company Details 69
  • 11.4.2 Enbala Business Overview 70
  • 11.4.3 Enbala Virtual Power Plant Introduction 70
  • 11.4.4 Enbala Revenue in Virtual Power Plant Business (2015-2020) 71
• 11.5 Bosch 71
  • 11.5.1 Bosch Company Details 71
  • 11.5.2 Bosch Business Overview 72
  • 11.5.3 Bosch Virtual Power Plant Introduction 72
  • 11.5.4 Bosch Revenue in Virtual Power Plant Business (2015-2020) 73
• 11.6 GE Digital Energy 73
  • 11.6.1 GE Digital Energy Company Details 73
  • 11.6.2 GE Digital Energy Business Overview 74
  • 11.6.3 GE Digital Energy Virtual Power Plant Introduction 75
  • 11.6.4 GE Digital Energy Revenue in Virtual Power Plant Business (2015-2020) 75
• 11.7 EnerNOC 76
  • 11.7.1 EnerNOC Company Details 76
  • 11.7.2 EnerNOC Business Overview 76
  • 11.7.3 EnerNOC Virtual Power Plant Introduction 77
  • 11.7.4 EnerNOC Revenue in Virtual Power Plant Business (2015-2020) 78
• 11.8 Schneider Electric 78
  • 11.8.1 Schneider Electric Company Details 78
  • 11.8.2 Schneider Electric Business Overview 79
  • 11.8.3 Schneider Electric Virtual Power Plant Introduction 79
  • 11.8.4 Schneider Electric Revenue in Virtual Power Plant Business (2015-2020) 80
• 11.9 Siemens 80
  • 11.9.1 Siemens Company Details 80
  • 11.9.2 Siemens Business Overview 81
  • 11.9.3 Siemens Virtual Power Plant Introduction 81
  • 11.9.4 Siemens Revenue in Virtual Power Plant Business (2015-2020) 82
• 11.10 Viridity Energy 82
  • 11.10.1 Viridity Energy Company Details 82
  • 11.10.2 Viridity Energy Business Overview 83
  • 11.10.3 Viridity Energy Virtual Power Plant Introduction 83
  • 11.10.4 Viridity Energy Revenue in Virtual Power Plant Business (2015-2020) 84

12 ANALYST'S VIEWPOINTS/CONCLUSIONS 85

13 APPENDIX 86

• 13.1 Research Methodology 86
  • 13.1.1 Methodology/Research Approach 86
  • 13.1.2 Data Source 89
• 13.2 Disclaimer 92
• 13.3 Author Details 93

List of Tables and Figures

• Table 1. Key Players Covered: Ranking by Virtual Power Plant Revenue 2
• Table 2. Ranking of Global Top Virtual Power Plant Manufacturers by Revenue (US$ Million) in 2019 2
• Table 3. Global Virtual Power Plant Market Size Growth Rate by Type (US$ Million): 2020 VS 2027 3
• Table 4. North America Virtual Power Plant Market Size Growth Rate by Type (US$ Million): 2020 VS 2027 4
• Table 5. Europe Virtual Power Plant Market Size Growth Rate by Type (US$ Million): 2020 VS 2027 5
• Table 6. Asia Pacific Virtual Power Plant Market Size Growth Rate by Type (US$ Million): 2020 VS 2027 6
• Table 7. Middle East and Africa Virtual Power Plant Market Size Growth Rate by Type (US$ Million): 2020 VS 2027 7
• Table 8. South America Virtual Power Plant Market Size Growth Rate by Type (US$ Million): 2020 VS 2027 8
• Table 9. Global Virtual Power Plant Market Size Growth Rate by Application (US$ Million): 2020 VS 2027 10
• Table 10. North America Virtual Power Plant Market Size Growth Rate by Application (US$ Million): 2020 VS 2027 11
• Table 11. Europe Virtual Power Plant Market Size Growth Rate by Application (US$ Million): 2020 VS 2027 12
• Table 12. Asia Pacific Virtual Power Plant Market Size Growth Rate by Application (US$ Million): 2020 VS 2027 13
• Table 13. Middle East and Africa Virtual Power Plant Market Size Growth Rate by Application (US$ Million): 2020 VS 2027 14
• Table 14. South America Virtual Power Plant Market Size Growth Rate by Application (US$ Million): 2020 VS 2027 15
• Table 15. Global Virtual Power Plant Market Size by Regions (US$ Million): 2020 VS 2027 21
• Table 16. Global Virtual Power Plant Market Size by Regions (2015-2020) (US$ Million) 22
• Table 17. Global Virtual Power Plant Market Share by Regions (2015-2020) 22
• Table 18. Global Virtual Power Plant Forecasted Market Size by Regions (2021-2027) (US$ Million) 23
• Table 19. Global Virtual Power Plant Market Share by Regions (2021-2027) 23
• Table 20. Market Top Trends 24
• Table 21. Key Drivers: Impact Analysis 25
• Table 22. Key Challenges 26
• Table 23. Virtual Power Plant Market Growth Strategy 27
• Table 24. Global Virtual Power Plant Revenue by Players (2015-2020) (US$ Million) 28
• Table 25. Global Virtual Power Plant Market Share by Players (2015-2020) 29
• Table 26. Global Top Virtual Power Plant Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Virtual Power Plant as of 2019) 30
• Table 27. Global 5 Largest Players Market Share by Virtual Power Plant Revenue (CR5) (2015-2020) 31
• Table 28. Key Players Headquarters and Area Served 31
• Table 29. Established Date of Virtual Power Plant Market 32
• Table 30. Mergers & Acquisitions, Expansion Plans 33
• Table 31. Global Virtual Power Plant Market Size by Type (2015-2020) (US$ Million) 35
• Table 32. Global Virtual Power Plant Revenue Market Share by Type (2015-2020) 35
• Table 33. Global Virtual Power Plant Forecasted Market Size by Type (2021-2027) (US$ Million) 35
• Table 34. Global Virtual Power Plant Revenue Market Share by Type (2021-2027) 36
• Table 35. Global Virtual Power Plant Market Size by Application (2015-2020) (US$ Million) 37
• Table 36. Global Virtual Power Plant Revenue Market Share by Application (2015-2020) 37
• Table 37. Global Virtual Power Plant Forecasted Market Size by Application (2021-2027) (US$ Million) 38
• Table 38. Global Virtual Power Plant Revenue Market Share by Application (2021-2027) 38
• Table 39. North America Key Players Virtual Power Plant Revenue (2019-2020) (US$ Million) 39
• Table 40. North America Key Players Virtual Power Plant Market Share (2019-2020) 40
• Table 41. Europe Key Players Virtual Power Plant Revenue (2019-2020) (US$ Million) 43
• Table 42. Europe Key Players Virtual Power Plant Market Share (2019-2020) 44
• Table 43. Asia Pacific Key Players Virtual Power Plant Revenue (2019-2020) (US$ Million) 49
• Table 44. Asia Pacific Key Players Virtual Power Plant Market Share (2019-2020) 50
• Table 45. Middle East Africa Key Players Virtual Power Plant Revenue (2019-2020) (US$ Million) 55
• Table 46. Middle East Africa Key Players Virtual Power Plant Market Share (2019-2020) 56
• Table 47. South America Key Players Virtual Power Plant Revenue (2019-2020) (US$ Million) 59
• Table 48. South America Key Players Virtual Power Plant Market Share (2019-2020) 60
• Table 49. ?rsted Company Details 63
• Table 50. ?rsted Business Overview 63
• Table 51. ?rsted Virtual Power Plant Product 64
• Table 52. ?rsted Revenue in Virtual Power Plant Business (2015-2020) (US$ Million) 65
• Table 53. Duke Energy Company Details 65
• Table 54. Duke Energy Business Overview 66
• Table 55. Duke Energy Virtual Power Plant Product 66
• Table 56. Duke Energy Revenue in Virtual Power Plant Business (2015-2020) (US$ Million) 67
• Table 57. RWE Company Details 67
• Table 58. RWE Business Overview 68
• Table 59. RWE Virtual Power Plant Product 68
• Table 60. RWE Revenue in Virtual Power Plant Business (2015-2020) (US$ Million) 69
• Table 61. Enbala Company Details 69
• Table 62. Enbala Business Overview 70
• Table 63. Enbala Virtual Power Plant Product 70
• Table 64. Enbala Revenue in Virtual Power Plant Business (2015-2020) (US$ Million) 71
• Table 65. Bosch Company Details 71
• Table 66. Bosch Business Overview 72
• Table 67. Bosch Virtual Power Plant Product 72
• Table 68. Bosch Revenue in Virtual Power Plant Business (2015-2020) (US$ Million) 73
• Table 69. GE Digital Energy Company Details 73
• Table 70. GE Digital Energy Business Overview 74
• Table 71. GE Digital Energy Virtual Power Plant Product 75
• Table 72. GE Digital Energy Revenue in Virtual Power Plant Business (2015-2020) (US$ Million) 75
• Table 73. EnerNOC Company Details 76
• Table 74. EnerNOC Business Overview 76
• Table 75. EnerNOC Virtual Power Plant Product 77
• Table 76. EnerNOC Revenue in Virtual Power Plant Business (2015-2020) (US$ Million) 78
• Table 77. Schneider Electric Company Details 78
• Table 78. Schneider Electric Business Overview 79
• Table 79. Schneider Electric Virtual Power Plant Product 79
• Table 80. Schneider Electric Revenue in Virtual Power Plant Business (2015-2020) (US$ Million) 80
• Table 81. Siemens Company Details 80
• Table 82. Siemens Business Overview 81
• Table 83. Siemens Virtual Power Plant Product 81
• Table 84. Siemens Revenue in Virtual Power Plant Business (2015-2020) (US$ Million) 82
• Table 85. Viridity Energy Company Details 82
• Table 86. Viridity Energy Business Overview 83
• Table 87. Viridity Energy Virtual Power Plant Product 83
• Table 88. Viridity Energy Revenue in Virtual Power Plant Business (2015-2020) (US$ Million) 84
• Table 89. Research Programs/Design for This Report 86
• Table 90. Key Data Information from Secondary Sources 90
• Table 91. Key Data Information from Primary Sources 91
• Figure 1. Figure Virtual Power Plant Product Scope 1
• Figure 2. Global Virtual Power Plant Market Share by Type: 2020 4
• Figure 3. North America Virtual Power Plant Market Share by Type: 2020 5
• Figure 4. Europe Virtual Power Plant Market Share by Type: 2020 6
• Figure 5. Asia Pacific Virtual Power Plant Market Share by Type: 2020 7
• Figure 6. Middle East and Africa Virtual Power Plant Market Share by Type: 2020 8
• Figure 7. South America Virtual Power Plant Market Share by Type: 2020 VS 2027 9
• Figure 8. Global Virtual Power Plant Market Share by Application: 2020 10
• Figure 9. North America Virtual Power Plant Market Share by Application: 2020 VS 2027 11
• Figure 10. Europe Virtual Power Plant Market Share by Application: 2020 12
• Figure 11. Asia Pacific Virtual Power Plant Market Share by Application: 2020 14
• Figure 12. Middle East and Africa Virtual Power Plant Market Share by Application: 2020 15
• Figure 13. South America Virtual Power Plant Market Share by Application: 2020 16
• Figure 14. Global Virtual Power Plant Market Size (Value), (US$ Million), 2015 VS 2020 VS 2027 20
• Figure 15. Global Virtual Power Plant Market Size YoY Growth 2015-2027 (US$ Million) 21
• Figure 16. Global Virtual Power Plant Market Share by Regions: 2020 22
• Figure 17. Global Virtual Power Plant Market Share by Regions 2027 24
• Figure 18. Porter's Five Forces Analysis 27
• Figure 19. Global Virtual Power Plant Market Share by Players in 2019 30
• Figure 20. North America Virtual Power Plant Market Size YoY Growth (2015-2027) (US$ Million) 39
• Figure 21. North America Virtual Power Plant Share by Country 2019 41
• Figure 22. United States Virtual Power Plant Market Size YoY Growth (2015-2027) (US$ Million) 41
• Figure 23. Canada Virtual Power Plant Market Size YoY Growth (2015-2027) (US$ Million) 42
• Figure 24. Europe Virtual Power Plant Market Size YoY Growth (2015-2027) (US$ Million) 43
• Figure 25. Europe Virtual Power Plant Share by Country 2019 45
• Figure 26. UK Virtual Power Plant Market Size YoY Growth (2015-2027) (US$ Million) 45
• Figure 27. Germany Virtual Power Plant Market Size YoY Growth (2015-2027) (US$ Million) 46
• Figure 28. France Virtual Power Plant Market Size YoY Growth (2015-2027) (US$ Million) 47
• Figure 29. Finland Virtual Power Plant Market Size YoY Growth (2015-2027) (US$ Million) 47
• Figure 30. Italy Virtual Power Plant Market Size YoY Growth (2015-2027) (US$ Million) 48
• Figure 31. Asia Pacific Virtual Power Plant Market Size YoY Growth (2015-2027) (US$ Million) 49
• Figure 32. Asia-Pacific Virtual Power Plant Share by Country 2019 50
• Figure 33. China Virtual Power Plant Market Size YoY Growth (2015-2027) (US$ Million) 51
• Figure 34. Japan Virtual Power Plant Market Size YoY Growth (2015-2027) (US$ Million) 52
• Figure 35. South Korea Virtual Power Plant Market Size YoY Growth (2015-2027) (US$ Million) 53
• Figure 36. Australia Virtual Power Plant Market Size YoY Growth (2015-2027) (US$ Million) 54
• Figure 37. Middle East Africa Virtual Power Plant Market Size YoY Growth (2015-2027) (US$ Million) 55
• Figure 38. Middle East and Africa Virtual Power Plant Share by Country 2019 56
• Figure 39. Africa Virtual Power Plant Market Size YoY Growth (2015-2027) (US$ Million) 57
• Figure 40. Middle East Virtual Power Plant Market Size YoY Growth (2015-2027) (US$ Million) 58
• Figure 41. South America Virtual Power Plant Market Size YoY Growth (2015-2027) (US$ Million) 59
• Figure 42. South America Virtual Power Plant Share by Country 2019 61
• Figure 43. Brazil Virtual Power Plant Market Size YoY Growth (2015-2027) (US$ Million) 61
• Figure 44. Bottom-up and Top-down Approaches for This Report 88
• Figure 45. Data Triangulation 89
• Figure 46. Key Executives Interviewed 91