Global Virtual Power Plant Market, Forecast to 2022

Global Virtual Power Plant Market, Forecast to 2022

Changing Consumer Roles in the Utility Industry will Spur the Demand for Virtual Power Plant Solutions

RELEASE DATE
28-Apr-2017
REGION
Global
Deliverable Type
Market Research
Research Code: K13C-01-00-00-00
SKU: EG01749-GL-MR_19959
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Description

This research service analyzes the Virtual Power Plant (VPP) market by end users (demand management, power trading), region (North America, Europe, Asia-Pacific, and Rest-of-world), trends, and revenue forecast till 2022. VPP promises significant improvements in grid reliability and resilience and early adoption has taken place in Western Europe and North America. This research service hopes to solve issues around peak power demand and facilitate the adoption of distributed energy resources. This study also discusses key trends and analyzes the implemented business models (supply-side, demand-side, and mixed-asset models) for VPP across the globe. Additionally, there is also focus on the top participants in the global market such as ABB, Next Kraftwerke, Siemens, VPP Intelligent Energy, Enbala Power Networks, and AutoGrid, Viridity Energy. The study also discusses the growth opportunities for companies in the global VPP market along with strategic imperatives for success and growth for the companies.

Key Questions this Study will Answer
• What are the top trends that will drive the VPP market in 2017? What impact will these trends have on the market during the forecast period?
• What are the key industry trends propelling the adoption of VPP solutions globally?
• What was the size of the total VPP solutions market in 2016 and how is it expected to grow in 2017 and where will it be by 2022?
• Who are the key stakeholders in the market?
• What are the future prospects and growth opportunities for VPP vendors?

VPP solutions aggregate all the distributed energy resources along the grid. Traditional utility business models are likely to be disrupted due to growing Distributed Energy Resources (DERs) along the grid. A number of different vendors together contribute to the value chain of a VPP system. These include solar Photovoltaic (PV) companies, battery storage providers, wind turbine manufacturers, demand response companies, software solution providers, communication vendors, and building energy management solution providers.

The study period is from 2016 to 2022, with 2016 as the base year. The forecast period is from 2017 to 2022. Frost & Sullivan’s revenue estimation represents only the software component of the virtual power plant solution and does not include power-plant systems such as PV panels, wind turbines, fuel cells, batteries, and other components. Market information for the base year has been obtained from both primary and secondary research data and analyses. Key trends and information on market size, tiers of competition, and other variables are based on discussions with key industry stakeholders in the value chain.

Table of Contents

Definition of a Virtual Power Plant

Conceptualizing a VPP

Differences Between MGs and VPPs

Types of VPP

Geographical Scope

Specific Exclusions

VPP—Ecosystem Participants

Why VPP?

Why VPP?—When the Wind Stops

Associated Multimedia and Related Research

Key Factors Drive Adoption of Virtual Power Plants

Network Congestion and Bottlenecks

Increasing Peak Load Prices

Growing Distributed Energy

Rise of Operational Analytics

Lack of Willingness to Share Information

Revenue Forecast—VPP Market

VPP Usage by End Users

VPP—Regional Outlook

Regional Analysis

VPP—Regional Outlook

VPP Projects—Global

VPP Competitive Tier Analysis

Competitive Environment

The VPP Ecosystem

Competitor Analysis

VPP Business Models for Utilities

VPP Business Model—Supply Side

VPP Supply Side Case Study—Siemens and RWE

VPP Business Model—Demand Side: Using DR for Enabling VPP

VPP Demand Side Case Study—Blue Pillar

VPP Business Model—Mixed Asset: Combining Demand and Supply Side

VPP Mixed Asset Case Study—Green Charge

Growth Opportunity 1—Internet of Things (IoT) Enabled Products

Growth Opportunity 2—Data Analytics and Cloud

Strategic Imperatives for Success and Growth

3 Big Predictions

Legal Disclaimer

Additional Sources of Information on Smart Plant

List of Figures
  • 1. VPP Market: Differences Between MGs and VPPs, Global, 2016
  • 2. VPP Market: Adoption Trends, Global, 2016–2022
  • 3. Market: Competitive Structure, Global, 2016
  • 4. VPP Market: VPP Business Models, Global, 2016
List of Charts
  • 1. VPP Market: Market Structure, Global, 2016
  • 2. VPP Market: VPP Types Based on Structure, Global, 2016
  • 3. VPP Market: Key Driving Factors, Global, 2017–2022
  • 4. VPP Market: Region-wise Grid Challenges, China, 2016
  • 5. VPP Market: Wholesale Electricity Price, Europe, 2010–2030
  • 6. VPP Market: Renewables Installed Capacity by Region, Global, 2015 and 2016
  • 7. VPP Market: Total Installed Capacity by Energy Storage Technology by Region, Global, 2014 and 2016
  • 8. VPP Market: Analytics Evolution, Global, pre 2010–post 2015
  • 9. VPP Market: Revenue Forecast, Global, 2016–2022
  • 10. VPP Market: Percent Revenue by End Users, Global, 2016
  • 11. VPP Market: Regional Outlook, Global, 2016
  • 12. VPP Market: Attractiveness of Regional Markets, Global, 2016
  • 13. VPP Market: Revenue Forecast by Region, Global, 2016–2022
  • 14. VPP Market: VPP Vendors and Projects by Region, Global, 2016
  • 15. VPP Market: Tiers of Competition, Global, 2016
  • 16. VPP Market: VPP Ecosystem, Global, 2016
  • 17. VPP Market: VPP Business Models, Global, 2016
  • 18. VPP Market: Blue Pillar Case Study, Global, 2016
This research service analyzes the Virtual Power Plant (VPP) market by end users (demand management, power trading), region (North America, Europe, Asia-Pacific, and Rest-of-world), trends, and revenue forecast till 2022. VPP promises significant improvements in grid reliability and resilience and early adoption has taken place in Western Europe and North America. This research service hopes to solve issues around peak power demand and facilitate the adoption of distributed energy resources. This study also discusses key trends and analyzes the implemented business models (supply-side, demand-side, and mixed-asset models) for VPP across the globe. Additionally, there is also focus on the top participants in the global market such as ABB, Next Kraftwerke, Siemens, VPP Intelligent Energy, Enbala Power Networks, and AutoGrid, Viridity Energy. The study also discusses the growth opportunities for companies in the global VPP market along with strategic imperatives for success and growth for the companies. Key Questions this Study will Answer • What are the top trends that will drive the VPP market in 2017? What impact will these trends have on the market during the forecast period? • What are the key industry trends propelling the adoption of VPP solutions globally? • What was the size of the total VPP solutions market in 2016 and how is it expected to grow in 2017 and where will it be by 2022? • Who are the key stakeholders in the market? • What are the future prospects and growth opportunities for VPP vendors? VPP solutions aggregate all the distributed energy resources along the grid. Traditional utility business models are likely to be disrupted due to growing Distributed Energy Resources (DERs) along the grid. A number of different vendors together contribute to the value chain of a VPP system. These include solar Photovoltaic (PV) companies, battery storage providers, wind turbine manufacturers, demand response companies, software solution providers, communi
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Deliverable Type Market Research
No Index No
Podcast No
Table of Contents | Executive Summary~ | Market Overview~ || Definition of a Virtual Power Plant~ || Conceptualizing a VPP~ || Differences Between MGs and VPPs~ || Types of VPP~ || Geographical Scope~ || Specific Exclusions~ || VPP—Ecosystem Participants~ || Why VPP?~ || Why VPP?—When the Wind Stops~ || Associated Multimedia and Related Research~ | Market Dynamics~ || Key Factors Drive Adoption of Virtual Power Plants~ || Network Congestion and Bottlenecks~ || Increasing Peak Load Prices~ || Growing Distributed Energy~ || Rise of Operational Analytics~ || Lack of Willingness to Share Information~ | Forecasts and Trends~ || Revenue Forecast—VPP Market~ || VPP Usage by End Users~ || VPP—Regional Outlook~ || Regional Analysis~ || VPP—Regional Outlook~ || VPP Projects—Global~ | Market Share and Competitive Analysis~ || VPP Competitive Tier Analysis~ || Competitive Environment~ || The VPP Ecosystem~ || Competitor Analysis~ || VPP Business Models for Utilities~ || VPP Business Model—Supply Side~ || VPP Supply Side Case Study—Siemens and RWE~ || VPP Business Model—Demand Side: Using DR for Enabling VPP~ || VPP Demand Side Case Study—Blue Pillar~ || VPP Business Model—Mixed Asset: Combining Demand and Supply Side~ || VPP Mixed Asset Case Study—Green Charge~ | Growth Opportunities and Companies to Action~ || Growth Opportunity 1—Internet of Things (IoT) Enabled Products~ || Growth Opportunity 2—Data Analytics and Cloud~ || Strategic Imperatives for Success and Growth~ | The Last Word~ || 3 Big Predictions~ || Legal Disclaimer~ | Appendix~ || Additional Sources of Information on Smart Plant~
List of Charts and Figures 1. VPP Market: Differences Between MGs and VPPs, Global, 2016~ 2. VPP Market: Adoption Trends, Global, 2016–2022~ 3. Market: Competitive Structure, Global, 2016~ 4. VPP Market: VPP Business Models, Global, 2016~| 1. VPP Market: Market Structure, Global, 2016~ 2. VPP Market: VPP Types Based on Structure, Global, 2016~ 3. VPP Market: Key Driving Factors, Global, 2017–2022~ 4. VPP Market: Region-wise Grid Challenges, China, 2016~ 5. VPP Market: Wholesale Electricity Price, Europe, 2010–2030~ 6. VPP Market: Renewables Installed Capacity by Region, Global, 2015 and 2016~ 7. VPP Market: Total Installed Capacity by Energy Storage Technology by Region, Global, 2014 and 2016~ 8. VPP Market: Analytics Evolution, Global, pre 2010–post 2015~ 9. VPP Market: Revenue Forecast, Global, 2016–2022~ 10. VPP Market: Percent Revenue by End Users, Global, 2016~ 11. VPP Market: Regional Outlook, Global, 2016~ 12. VPP Market: Attractiveness of Regional Markets, Global, 2016~ 13. VPP Market: Revenue Forecast by Region, Global, 2016–2022~ 14. VPP Market: VPP Vendors and Projects by Region, Global, 2016~ 15. VPP Market: Tiers of Competition, Global, 2016~ 16. VPP Market: VPP Ecosystem, Global, 2016~ 17. VPP Market: VPP Business Models, Global, 2016~ 18. VPP Market: Blue Pillar Case Study, Global, 2016~
Author Rajalingam Chinnasamy
Industries Energy
WIP Number K13C-01-00-00-00
Is Prebook No