Global Virtual Power Plant Market Size, Status and Forecast 2020-2026

Market Analysis and Insights: Global Virtual Power Plant Market

The global Virtual Power Plant market was valued at US$ XX million in 2019 and it is expected to reach US$ XX million by the end of 2026, growing at a CAGR of XX% during 2020-2026. 

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 2015-2026. This report also analyzes the impact of Coronavirus COVID-19 on the Virtual Power Plant industry. 

By Company

• DONG Energy 
• Duke Energy 
• RWE 
• Alstom Grid 
• 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)

TABLE OF CONTENTS

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 2

1.3.1 Global Virtual Power Plant Market Size Growth Rate by Type: 2020 VS 2026 2

1.3.2 North America Virtual Power Plant Market Size Growth Rate by Type: 2020 VS 2026 3

1.3.3 Europe Virtual Power Plant Market Size Growth Rate by Type: 2020 VS 2026 4

1.3.4 Asia Pacific Virtual Power Plant Market Size Growth Rate by Type: 2020 VS 2026 5

1.3.5 Middle East and Africa Virtual Power Plant Market Size Growth Rate by Type: 2020 VS 2026 6

1.3.6 Latin America Virtual Power Plant Market Size Growth Rate by Type: 2020 VS 2026 7

1.4 Market Analysis by Application 8

1.4.1 Global Virtual Power Plant Market Size Growth Rate by Application: 2020 VS 2026 8

1.4.2 North America Virtual Power Plant Market Size Growth Rate by Application: 2020 VS 2026 9

1.4.3 Europe Virtual Power Plant Market Size Growth Rate by Application: 2020 VS 2026 10

1.4.4 Asia Pacific Virtual Power Plant Market Size Growth Rate by Application: 2020 VS 2026 11

1.4.5 Middle East and Africa Virtual Power Plant Market Size Growth Rate by Application: 2020 VS 202612

1.4.6 Latin America Virtual Power Plant Market Size Growth Rate by Application: 2020 VS 2026 13

1.5 Virtual Power Plant Projects Introduction 14

1.5.1 Soleil Lofts Virtual Power Plant Project 14

1.6 Coronavirus Disease 2019 (Covid-19): Virtual Power Plant Industry Impact 14

1.7 Study Objectives 14

1.8 Years Considered 15

2 GLOBAL GROWTH TRENDS 16

2.1 Global Virtual Power Plant Market Perspective (2015-2026) 16

2.2 Virtual Power Plant Growth Trends by Regions 17

2.2.1 Virtual Power Plant Market Size by Regions: 2015 VS 2020 VS 2026 17

2.2.2 Virtual Power Plant Historic Market Size by Regions (2015-2020) 18

2.2.3 Virtual Power Plant Forecasted Market Size by Regions (2021-2026) 19

2.3 Industry Trends and Growth Strategy 20

2.3.1 Market Top Trends 20

2.3.2 Market Drivers 20

2.3.3 Market Challenges 20

2.3.4 Porter’s Five Forces Analysis 21

2.3.5 Virtual Power Plant Market Growth Strategy 22

2.3.6 Primary Interviews with Key Virtual Power Plant Players (Opinion Leaders) 22

3 COMPETITION LANDSCAPE BY KEY PLAYERS 23

3.1 Global Top Virtual Power Plant Players by Market Size 23

3.1.1 Global Top Virtual Power Plant Players by Revenue (2015-2020) 23

3.1.2 Global Virtual Power Plant Revenue Market Share by Players (2015-2020) 24

3.1.3 Global Virtual Power Plant Market Share by Company Type (Tier 1, Tier 2 and Tier 3) 24

3.2 Global Virtual Power Plant Market Concentration Ratio 25

3.3 Virtual Power Plant Key Players Head office and Area Served 26

3.4 Key Players Virtual Power Plant Product Solution and Service 27

3.5 Date of Enter into Virtual Power Plant Market 27

3.6 Mergers & Acquisitions, Expansion Plans 28

4 VIRTUAL POWER PLANT BREAKDOWN DATA BY TYPE (2015-2026) 29

4.1 Global Virtual Power Plant Historic Market Size by Type (2015-2020) 29

4.2 Global Virtual Power Plant Forecasted Market Size by Type (2021-2026) 30

5 VIRTUAL POWER PLANT BREAKDOWN DATA BY APPLICATION(2015-2026) 31

5.1 Global Virtual Power Plant Historic Market Size by Application (2015-2020) 31

5.2 Global Virtual Power Plant Forecasted Market Size by Application (2021-2026) 32

6 NORTH AMERICA 33

6.1 North America Virtual Power Plant Market Size (2019-2026) 33

6.2 Virtual Power Plant Key Players in North America (2019-2020) 33

6.3 North America by Country 34

6.3.1 United States Virtual Power Plant Market Size (2019-2026) 34

6.3.2 Canada Virtual Power Plant Market Size (2019-2026) 35

7 EUROPE 36

7.1 Europe Virtual Power Plant Market Size (2019-2026) 36

7.2 Virtual Power Plant Key Players in Europe (2019-2020) 36

7.3 Europe by Country 37

7.3.1 UK Virtual Power Plant Market Size (2019-2026) 38

7.3.2 Germany Virtual Power Plant Market Size (2019-2026) 38

7.3.3 France Virtual Power Plant Market Size (2019-2026) 39

7.3.4 Denmark Virtual Power Plant Market Size (2019-2026) 39

7.3.5 Finland Virtual Power Plant Market Size (2019-2026) 40

7.3.6 Spain Virtual Power Plant Market Size (2019-2026) 40

8 ASIA PACIFIC 41

8.1 Virtual Power Plant Market Size (2015-2026) 41

8.2 Virtual Power Plant Key Players in Asia Pacific (2019-2020) 41

8.3 Asia-Pacific by Country 42

8.3.1 China Virtual Power Plant Market Size (2019-2026) 43

8.3.2 Japan Virtual Power Plant Market Size (2019-2026) 43

8.3.3 South Korea Virtual Power Plant Market Size (2019-2026) 44

8.3.4 Australia Virtual Power Plant Market Size (2019-2026) 44

9 MIDDLE EAST AFRICA 45

9.1 Middle East Africa Virtual Power Plant Market Size (2019-2026) 45

9.2 Virtual Power Plant Key Players in Middle East Africa (2019-2020) 45

9.3 Middle East and Africa by Country 46

9.3.1 South Africa Virtual Power Plant Market Size (2019-2026) 47

9.3.2 KSA Virtual Power Plant Market Size (2019-2026) 47

10 LATIN AMERICA 48

10.1 Latin America Virtual Power Plant Market Size (2019-2026) 48

10.2 Virtual Power Plant Key Players in Latin America (2019-2020) 48

10.3 Latin America by Country 49

10.3.1 Brazil Virtual Power Plant Market Size (2019-2026) 49

11 KEY PLAYERS PROFILES 51

11.1 DONG Energy 51

11.1.1 DONG Energy Company Details 51

11.1.2 DONG Energy Business Overview and Its Total Revenue 51

11.1.3 DONG Energy Virtual Power Plant Introduction 52

11.1.4 DONG Energy Revenue in Virtual Power Plant Business (2015-2020) 52

11.1.5 DONG Energy Recent Development 53

11.2 Duke Energy 53

11.2.1 Duke Energy Company Details 53

11.2.2 Duke Energy Business Overview and Its Total Revenue 53

11.2.3 Duke Energy Virtual Power Plant Introduction 54

11.2.4 Duke Energy Revenue in Virtual Power Plant Business (2015-2020) 54

11.2.5 Duke Energy Recent Development 55

11.3 RWE 55

11.3.1 RWE Company Details 55

11.3.2 RWE Business Overview and Its Total Revenue 55

11.3.3 RWE Virtual Power Plant Introduction 56

11.3.4 RWE Revenue in Virtual Power Plant Business (2015-2020) 56

11.3.5 RWE Recent Development 57

11.4 Alstom Grid 57

11.4.1 Alstom Grid Company Details 57

11.4.2 Alstom Grid Business Overview and Its Total Revenue 57

11.4.3 Alstom Grid Virtual Power Plant Introduction 58

11.4.4 Alstom Grid Revenue in Virtual Power Plant Business (2015-2020) 58

11.4.5 Alstom Grid Recent Development 59

11.5 Bosch 59

11.5.1 Bosch Company Details 59

11.5.2 Bosch Business Overview and Its Total Revenue 59

11.5.3 Bosch Virtual Power Plant Introduction 60

11.5.4 Bosch Revenue in Virtual Power Plant Business (2015-2020) 60

11.5.5 Bosch Recent Development 61

11.6 GE Digital Energy 61

11.6.1 GE Digital Energy Company Details 61

11.6.2 GE Digital Energy Business Overview and Its Total Revenue 61

11.6.3 GE Digital Energy Virtual Power Plant Introduction 62

11.6.4 GE Digital Energy Revenue in Virtual Power Plant Business (2015-2020) 62

11.6.5 GE Digital Energy Recent Development 63

11.7 EnerNOC 63

11.7.1 EnerNOC Company Details 63

11.7.2 EnerNOC Business Overview and Its Total Revenue 63

11.7.3 EnerNOC Virtual Power Plant Introduction 64

11.7.4 EnerNOC Revenue in Virtual Power Plant Business (2015-2020) 64

11.7.5 EnerNOC Recent Development 65

11.8 Schneider Electric 65

11.8.1 Schneider Electric Company Details 65

11.8.2 Schneider Electric Business Overview and Its Total Revenue 65

11.8.3 Schneider Electric Virtual Power Plant Introduction 66

11.8.4 Schneider Electric Revenue in Virtual Power Plant Business (2015-2020) 66

11.8.5 Schneider Electric Recent Development 67

11.9 Siemens 67

11.9.1 Siemens Company Details 67

11.9.2 Siemens Business Overview and Its Total Revenue 67

11.9.3 Siemens Virtual Power Plant Introduction 68

11.9.4 Siemens Revenue in Virtual Power Plant Business (2015-2020) 68

11.9.5 Siemens Recent Development 69

11.10 Viridity Energy 69

11.10.1 Viridity Energy Company Details 69

11.10.2 Viridity Energy Business Overview and Its Total Revenue 69

11.10.3 Viridity Energy Virtual Power Plant Introduction 70

11.10.4 Viridity Energy Revenue in Virtual Power Plant Business (2015-2020) 70

11.10.5 Viridity Energy Recent Development 71

12 ANALYST'S VIEWPOINTS/CONCLUSIONS 72

13 APPENDIX 73

13.1 Research Methodology 73

13.1.1 Methodology/Research Approach 73

13.1.2 Data Source 76

13.2 Disclaimer 79

13.3 Author Details 

LIST OF TABLES

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 2026................................... 3

Table 4. North America Virtual Power Plant Market Size Growth Rate by Type (US$ Million): 2020 VS 2026 ..................... 4

Table 5. Europe Virtual Power Plant Market Size Growth Rate by Type (US$ Million): 2020 VS 2026.................................. 4

Table 6. Asia Pacific Virtual Power Plant Market Size Growth Rate by Type (US$ Million): 2020 VS 2026 ........................... 5

Table 7. Middle East and Africa Virtual Power Plant Market Size Growth Rate by Type (US$ Million): 2020 VS 2026 ......... 6

Table 8. Latin America Virtual Power Plant Market Size Growth Rate by Type (US$ Million): 2020 VS 2026 ....................... 7

Table 9. Global Virtual Power Plant Market Size Growth Rate by Application (US$ Million): 2020 VS 2026 ........................ 8

Table 10. North America Virtual Power Plant Market Size Growth Rate by Application (US$ Million): 2020 VS 2026......... 9

Table 11. Europe Virtual Power Plant Market Size Growth Rate by Application (US$ Million): 2020 VS 2026 ................... 10

Table 12. Asia Pacific Virtual Power Plant Market Size Growth Rate by Application (US$ Million): 2020 VS 2026............. 11

Table 13. Middle East and Africa Virtual Power Plant Market Size Growth Rate by Application (US$ Million): 2020 VS

2026................................................................................................................................................................... 12

Table 14. Latin America Virtual Power Plant Market Size Growth Rate by Application (US$ Million): 2020 VS 2026 ........ 13

Table 15. Global Virtual Power Plant Market Size by Regions (US$ Million): 2020 VS 2026 ............................................... 17

Table 16. Global Virtual Power Plant Market Size by Regions (2015-2020) (US$ Million) .................................................. 18

Table 17. Global Virtual Power Plant Market Share by Regions (2015-2020) ..................................................................... 18

Table 18. Global Virtual Power Plant Forecasted Market Size by Regions (2021-2026) (US$ Million)................................ 19

Table 19. Global Virtual Power Plant Market Share by Regions (2021-2026) ..................................................................... 19

Table 20. Market Top Trends............................................................................................................................................... 20

Table 21. Key Drivers: Impact Analysis................................................................................................................................ 20

Table 22. Key Challenges..................................................................................................................................................... 21

Table 23. Virtual Power Plant Market Growth Strategy ...................................................................................................... 22

Table 24. Main Points Interviewed from Key Virtual Power Plant Players.......................................................................... 22

Table 25. Global Virtual Power Plant Revenue by Players (2015-2020) (US$ Million) ........................................................ 23

Table 26. Global Virtual Power Plant Market Share by Players (2015-2020) ...................................................................... 24

Table 27. 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)......................................................................................................................... 24

Table 28. Global 5 Largest Players Market Share by Virtual Power Plant Revenue (CR5 and HHI) (2015-2020)................. 26

Table 29. Key Players Headquarters and Area Served......................................................................................................... 26

Table 30. Key Players Virtual Power Plant Product Solution and Service............................................................................ 27

Table 31. Date of Enter into Virtual Power Plant Market.................................................................................................... 27

Table 32. Mergers & Acquisitions, Expansion Plans............................................................................................................ 28

Table 33. Global Virtual Power Plant Market Size by Type (2015-2020) (US$ Million) ....................................................... 29

Table 34. Global Virtual Power Plant Revenue Market Share by Type (2015-2020) ........................................................... 29

Table 35. Global Virtual Power Plant Forecasted Market Size by Type (2021-2026) (US$ Million)..................................... 30

Table 36. Global Virtual Power Plant Revenue Market Share by Type (2021-2026) ........................................................... 30

Table 37. Global Virtual Power Plant Market Size by Application (2015-2020) (US$ Million)............................................. 31

Table 38. Global Virtual Power Plant Revenue Market Share by Application (2015-2020)................................................. 31

Table 39. Global Virtual Power Plant Forecasted Market Size by Application (2021-2026) (US$ Million) .......................... 32

Table 40. Global Virtual Power Plant Revenue Market Share by Application (2021-2026)................................................. 32

Global Virtual Power Plant Market Size, Status and Forecast 2020-2026

Copyright © QYResearch | enquiry@qyresearch.com | www.qyresearch.com 9

Table 41. North America Key Players Virtual Power Plant Revenue (2019-2020) (US$ Million)......................................... 33

Table 42. North America Key Players Virtual Power Plant Market Share (2019-2020) ....................................................... 33

Table 43. Europe Key Players Virtual Power Plant Revenue (2019-2020) (US$ Million) ..................................................... 36

Table 44. Europe Key Players Virtual Power Plant Market Share (2019-2020) ................................................................... 37

Table 45. Asia Pacific Key Players Virtual Power Plant Revenue (2019-2020) (US$ Million)............................................... 41

Table 46. Asia Pacific Key Players Virtual Power Plant Market Share (2019-2020)............................................................. 41

Table 47. Middle East Africa Key Players Virtual Power Plant Revenue (2019-2020) (US$ Million).................................... 45

Table 48. Middle East Africa Key Players Virtual Power Plant Market Share (2019-2020).................................................. 46

Table 49. Latin America Key Players Virtual Power Plant Revenue (2019-2020) (US$ Million)........................................... 48

Table 50. Latin America Key Players Virtual Power Plant Market Share (2019-2020)......................................................... 48

Table 51. DONG Energy Company Details........................................................................................................................... 51

Table 52. DONG Energy Business Overview........................................................................................................................ 51

Table 53. DONG Energy Virtual Power Plant Product ......................................................................................................... 52

Table 54. DONG Energy Revenue in Virtual Power Plant Business (2015-2020) (US$ Million)........................................... 52

Table 55. DONG Energy Recent Development .................................................................................................................... 53

Table 56. Duke Energy Company Details............................................................................................................................. 53

Table 57. Duke Energy Business Overview.......................................................................................................................... 53

Table 58. Duke Energy Virtual Power Plant Product ........................................................................................................... 54

Table 59. Duke Energy Revenue in Virtual Power Plant Business (2015-2020) (US$ Million)............................................. 54

Table 60. Duke Energy Recent Development...................................................................................................................... 55

Table 61. RWE Company Details ......................................................................................................................................... 55

Table 62. RWE Business Overview ...................................................................................................................................... 55

Table 63. RWE Virtual Power Plant Product........................................................................................................................ 56

Table 64. RWE Revenue in Virtual Power Plant Business (2015-2020) (US$ Million) ......................................................... 56

Table 65. RWE Recent Development................................................................................................................................... 57

Table 66. Alstom Grid Company Details.............................................................................................................................. 57

Table 67. Alstom Grid Business Overview........................................................................................................................... 57

Table 68. Alstom Grid Virtual Power Plant Product ............................................................................................................ 58

Table 69. Alstom Grid Revenue in Virtual Power Plant Business (2015-2020) (US$ Million).............................................. 58

Table 70. Alstom Grid Recent Development ....................................................................................................................... 59

Table 71. Bosch Company Details ....................................................................................................................................... 59

Table 72. Bosch Business Overview .................................................................................................................................... 59

Table 73. Bosch Virtual Power Plant Product...................................................................................................................... 60

Table 74. Bosch Revenue in Virtual Power Plant Business (2015-2020) (US$ Million) ....................................................... 60

Table 75. Bosch Recent Development................................................................................................................................. 61

Table 76. GE Digital Energy Company Details ..................................................................................................................... 61

Table 77. GE Digital Energy Business Overview .................................................................................................................. 61

Table 78. GE Digital Energy Virtual Power Plant Product.................................................................................................... 62

Table 79. GE Digital Energy Revenue in Virtual Power Plant Business (2015-2020) (US$ Million)...................................... 62

Table 80. GE Digital Energy Recent Development............................................................................................................... 63

Table 81. EnerNOC Company Details.................................................................................................................................. 63

Table 82. EnerNOC Business Overview ............................................................................................................................... 63

Table 83. EnerNOC Virtual Power Plant Product................................................................................................................. 64

Table 84. EnerNOC Revenue in Virtual Power Plant Business (2015-2020) (US$ Million) .................................................. 64

Global Virtual Power Plant Market Size, Status and Forecast 2020-2026

Copyright © QYResearch | enquiry@qyresearch.com | www.qyresearch.com 10

Table 85. EnerNOC Recent Development ........................................................................................................................... 65

Table 86. Schneider Electric Company Details.................................................................................................................... 65

Table 87. Schneider Electric Business Overview ................................................................................................................. 65

Table 88. Schneider Electric Virtual Power Plant Product................................................................................................... 66

Table 89. Schneider Electric Revenue in Virtual Power Plant Business (2015-2020) (US$ Million) .................................... 66

Table 90. Schneider Electric Recent Development ............................................................................................................. 67

Table 91. Siemens Company Details ................................................................................................................................... 67

Table 92. Siemens Business Overview ................................................................................................................................ 67

Table 93. Siemens Virtual Power Plant Product.................................................................................................................. 68

Table 94. Siemens Revenue in Virtual Power Plant Business (2015-2020) (US$ Million) ................................................... 68

Table 95. Siemens Recent Development............................................................................................................................. 69

Table 96. Viridity Energy Company Details ......................................................................................................................... 69

Table 97. Viridity Energy Business Overview ...................................................................................................................... 69

Table 98. Viridity Energy Virtual Power Plant Product........................................................................................................ 70

Table 99. Viridity Energy Revenue in Virtual Power Plant Business (2015-2020) (US$ Million).......................................... 70

Table 100. Viridity Energy Recent Development................................................................................................................. 71

Table 101. Research Programs/Design for This Report....................................................................................................... 73

Table 102. Key Data Information from Secondary Sources................................................................................................. 77

Table 103. Key Data Information from Primary Sources............................................................................................