The Global Microgrids (MGs) and Virtual Power Plants (VPPs) Market

Challenges and Promises in Decentralizing the Grid and Morphing Business Models

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An MG is an energy system consisting of a group of interconnected loads, distributed energy resources, consumers, and optional storage that acts as a single controllable entity with respect to the grid. A VPP is a virtual network that is dependent on software systems to connect remotely and automate dispatch of power generation. The fine line that differentiates MGs and VPPs is discussed in this deliverable, with a detailed analysis from a utility standpoint. Also discussed are the opportunities, threats, value chain analysis, hot geographic regions, and the network of market participants.

Table of Contents

The Global Microgrids (MGs) and Virtual Power Plants (VPPs) MarketExecutive SummaryExecutive SummaryExecutive Summary (continued)CEO’s PerspectiveMG OverviewMG OverviewSnapshot of an MGImportance of MGsTypes of MGs and Market SegmentsThe Defining Elements of an MG MG ApplicationsKey Considerations for MG DevelopmentVPP OverviewDefinition of a Virtual Power Plant Conceptualizing a VPP Types of VPPTypes of VPP (continued)MG and VPP CorrelationDifference Between MGs and VPPsSmart MG Management Combination of Concepts—Smart Grids, MGs, and VPPMGs and VPPs in Utilities—Opportunities vs. ThreatsVPPs and MGs—Impact on Centralised UtilitiesVPPs and MGs—Impact on Centralised Utilities (continued)Can Utilities Support MGs and VPPs?Can Utilities Support MGs and VPPs? (continued)Key StakeholdersMG Value Chain and Key ParticipantsVPP Value ChainKey Company ProfilesKey Company Profiles (continued)Key Company Profiles (continued)Key Company Profiles (continued)Competitive EnvironmentRegional TrendsVPP and MG Hot SpotsVPP and MG Hot Spots—EuropeVPP and MG Hot Spots—Europe (continued)VPP and MG Hot Spots—Europe (continued)VPP and MG Hot Spots—North AmericaVPP and MG Hot Spots—North America (continued)VPP and MG Hot Spots—Japan and Rest of APACVPP and MG Hot Spots—Japan and Rest of APAC (continued)VPP and MG Hot Spots—IndiaVPP and MG Hot Spots—ChinaMG Business ModelsMG Business ModelsMG Business Models ExplainedVPP Business ModelsVPP Business Models Based on OwnershipVPP Business Models Based on Ownership (continued)VPP Business Models Based on Market Segment VPP Business Models Based on Market Segment (continued) VPP Business Models Based on Market Segment (continued)VPP Business Models Based on Market Segment (continued) VPP Business Models Based on Market Segment (continued) Function of VPP for Key StakeholdersFuture of MGs and VPPsFuture TrendsFuture Trends (continued) Future Trends (continued)Future Trends (continued)Future Trends (continued)ConclusionConclusionsLegal DisclaimerThe Frost & Sullivan StoryThe Frost & Sullivan StoryValue Proposition—Future of Your Company & CareerGlobal PerspectiveIndustry Convergence360º Research PerspectiveImplementation ExcellenceOur Blue Ocean Strategy

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