
A virtual power plant (VPP) is a cloud-based distributed power plant that aggregates the capacities of heterogeneous distributed energy resources (DER) for the purposes of enhancing power generation, as well as trading or selling power on the electricity market. A Virtual Power Plant (VPP) is an aggregated portfolio of Distributed Energy Resources and Controllable Loads into energy blocks which can be used to participate in Energy Markets and offer Services to the System Operator.
In this report, what is included in our statistics is the market size of virtual power plant technology service providers.
The global Virtual Power Plant (VPP) Software as a Service market was valued at US$ 603.7 million in 2023 and is anticipated to reach US$ 940.4 million by 2030, witnessing a CAGR of 6.4% during the forecast period 2024-2030.
Global core virtual power plant (VPP) manufacturers include Ørsted, Duke Energy and RWE etc. The top 5 companies hold a share about 65%. Europe is the largest market, with a share about 52%, followed by Asia Pacific and North America with the share about 25% and 18%.In terms of product, FM model is the largest segment, with a share about 55%. And in terms of application, the largest application is commercial, followed by residential.
This report aims to provide a comprehensive presentation of the global market for Virtual Power Plant (VPP) Software as a Service, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Virtual Power Plant (VPP) Software as a Service.
Report Scope
The Virtual Power Plant (VPP) Software as a Service market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Virtual Power Plant (VPP) Software as a Service market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Virtual Power Plant (VPP) Software as a Service companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Next Kraftwerke GmbH
AutoGrid Systems
GreenSync Pty Ltd
Ormat(Viridity Energy)
SunvergeEnergy
Energy&meteo Systems GmbH
Solvera Lynx
Enbala Networks
Advanced Microgrid Solutions
ENGIE(Green Charge Networks)
Segment by Type
Software
Professional Services
Segment by Application
Renewal Energy Plant
Nonrenewal Energy Plant
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Virtual Power Plant (VPP) Software as a Service companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Virtual Power Plant (VPP) Software as a Service Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Software
1.2.3 Professional Services
1.3 Market by Application
1.3.1 Global Virtual Power Plant (VPP) Software as a Service Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Renewal Energy Plant
1.3.3 Nonrenewal Energy Plant
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Virtual Power Plant (VPP) Software as a Service Market Perspective (2019-2030)
2.2 Virtual Power Plant (VPP) Software as a Service Growth Trends by Region
2.2.1 Global Virtual Power Plant (VPP) Software as a Service Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Virtual Power Plant (VPP) Software as a Service Historic Market Size by Region (2019-2024)
2.2.3 Virtual Power Plant (VPP) Software as a Service Forecasted Market Size by Region (2025-2030)
2.3 Virtual Power Plant (VPP) Software as a Service Market Dynamics
2.3.1 Virtual Power Plant (VPP) Software as a Service Industry Trends
2.3.2 Virtual Power Plant (VPP) Software as a Service Market Drivers
2.3.3 Virtual Power Plant (VPP) Software as a Service Market Challenges
2.3.4 Virtual Power Plant (VPP) Software as a Service Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Virtual Power Plant (VPP) Software as a Service Players by Revenue
3.1.1 Global Top Virtual Power Plant (VPP) Software as a Service Players by Revenue (2019-2024)
3.1.2 Global Virtual Power Plant (VPP) Software as a Service Revenue Market Share by Players (2019-2024)
3.2 Global Virtual Power Plant (VPP) Software as a Service Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Virtual Power Plant (VPP) Software as a Service Revenue
3.4 Global Virtual Power Plant (VPP) Software as a Service Market Concentration Ratio
3.4.1 Global Virtual Power Plant (VPP) Software as a Service Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Virtual Power Plant (VPP) Software as a Service Revenue in 2023
3.5 Virtual Power Plant (VPP) Software as a Service Key Players Head office and Area Served
3.6 Key Players Virtual Power Plant (VPP) Software as a Service Product Solution and Service
3.7 Date of Enter into Virtual Power Plant (VPP) Software as a Service Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Virtual Power Plant (VPP) Software as a Service Breakdown Data by Type
4.1 Global Virtual Power Plant (VPP) Software as a Service Historic Market Size by Type (2019-2024)
4.2 Global Virtual Power Plant (VPP) Software as a Service Forecasted Market Size by Type (2025-2030)
5 Virtual Power Plant (VPP) Software as a Service Breakdown Data by Application
5.1 Global Virtual Power Plant (VPP) Software as a Service Historic Market Size by Application (2019-2024)
5.2 Global Virtual Power Plant (VPP) Software as a Service Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Virtual Power Plant (VPP) Software as a Service Market Size (2019-2030)
6.2 North America Virtual Power Plant (VPP) Software as a Service Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Virtual Power Plant (VPP) Software as a Service Market Size by Country (2019-2024)
6.4 North America Virtual Power Plant (VPP) Software as a Service Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Virtual Power Plant (VPP) Software as a Service Market Size (2019-2030)
7.2 Europe Virtual Power Plant (VPP) Software as a Service Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Virtual Power Plant (VPP) Software as a Service Market Size by Country (2019-2024)
7.4 Europe Virtual Power Plant (VPP) Software as a Service Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Virtual Power Plant (VPP) Software as a Service Market Size (2019-2030)
8.2 Asia-Pacific Virtual Power Plant (VPP) Software as a Service Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Virtual Power Plant (VPP) Software as a Service Market Size by Region (2019-2024)
8.4 Asia-Pacific Virtual Power Plant (VPP) Software as a Service Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Virtual Power Plant (VPP) Software as a Service Market Size (2019-2030)
9.2 Latin America Virtual Power Plant (VPP) Software as a Service Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Virtual Power Plant (VPP) Software as a Service Market Size by Country (2019-2024)
9.4 Latin America Virtual Power Plant (VPP) Software as a Service Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Virtual Power Plant (VPP) Software as a Service Market Size (2019-2030)
10.2 Middle East & Africa Virtual Power Plant (VPP) Software as a Service Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Virtual Power Plant (VPP) Software as a Service Market Size by Country (2019-2024)
10.4 Middle East & Africa Virtual Power Plant (VPP) Software as a Service Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Next Kraftwerke GmbH
11.1.1 Next Kraftwerke GmbH Company Detail
11.1.2 Next Kraftwerke GmbH Business Overview
11.1.3 Next Kraftwerke GmbH Virtual Power Plant (VPP) Software as a Service Introduction
11.1.4 Next Kraftwerke GmbH Revenue in Virtual Power Plant (VPP) Software as a Service Business (2019-2024)
11.1.5 Next Kraftwerke GmbH Recent Development
11.2 AutoGrid Systems
11.2.1 AutoGrid Systems Company Detail
11.2.2 AutoGrid Systems Business Overview
11.2.3 AutoGrid Systems Virtual Power Plant (VPP) Software as a Service Introduction
11.2.4 AutoGrid Systems Revenue in Virtual Power Plant (VPP) Software as a Service Business (2019-2024)
11.2.5 AutoGrid Systems Recent Development
11.3 GreenSync Pty Ltd
11.3.1 GreenSync Pty Ltd Company Detail
11.3.2 GreenSync Pty Ltd Business Overview
11.3.3 GreenSync Pty Ltd Virtual Power Plant (VPP) Software as a Service Introduction
11.3.4 GreenSync Pty Ltd Revenue in Virtual Power Plant (VPP) Software as a Service Business (2019-2024)
11.3.5 GreenSync Pty Ltd Recent Development
11.4 Ormat(Viridity Energy)
11.4.1 Ormat(Viridity Energy) Company Detail
11.4.2 Ormat(Viridity Energy) Business Overview
11.4.3 Ormat(Viridity Energy) Virtual Power Plant (VPP) Software as a Service Introduction
11.4.4 Ormat(Viridity Energy) Revenue in Virtual Power Plant (VPP) Software as a Service Business (2019-2024)
11.4.5 Ormat(Viridity Energy) Recent Development
11.5 SunvergeEnergy
11.5.1 SunvergeEnergy Company Detail
11.5.2 SunvergeEnergy Business Overview
11.5.3 SunvergeEnergy Virtual Power Plant (VPP) Software as a Service Introduction
11.5.4 SunvergeEnergy Revenue in Virtual Power Plant (VPP) Software as a Service Business (2019-2024)
11.5.5 SunvergeEnergy Recent Development
11.6 Energy&meteo Systems GmbH
11.6.1 Energy&meteo Systems GmbH Company Detail
11.6.2 Energy&meteo Systems GmbH Business Overview
11.6.3 Energy&meteo Systems GmbH Virtual Power Plant (VPP) Software as a Service Introduction
11.6.4 Energy&meteo Systems GmbH Revenue in Virtual Power Plant (VPP) Software as a Service Business (2019-2024)
11.6.5 Energy&meteo Systems GmbH Recent Development
11.7 Solvera Lynx
11.7.1 Solvera Lynx Company Detail
11.7.2 Solvera Lynx Business Overview
11.7.3 Solvera Lynx Virtual Power Plant (VPP) Software as a Service Introduction
11.7.4 Solvera Lynx Revenue in Virtual Power Plant (VPP) Software as a Service Business (2019-2024)
11.7.5 Solvera Lynx Recent Development
11.8 Enbala Networks
11.8.1 Enbala Networks Company Detail
11.8.2 Enbala Networks Business Overview
11.8.3 Enbala Networks Virtual Power Plant (VPP) Software as a Service Introduction
11.8.4 Enbala Networks Revenue in Virtual Power Plant (VPP) Software as a Service Business (2019-2024)
11.8.5 Enbala Networks Recent Development
11.9 Advanced Microgrid Solutions
11.9.1 Advanced Microgrid Solutions Company Detail
11.9.2 Advanced Microgrid Solutions Business Overview
11.9.3 Advanced Microgrid Solutions Virtual Power Plant (VPP) Software as a Service Introduction
11.9.4 Advanced Microgrid Solutions Revenue in Virtual Power Plant (VPP) Software as a Service Business (2019-2024)
11.9.5 Advanced Microgrid Solutions Recent Development
11.10 ENGIE(Green Charge Networks)
11.10.1 ENGIE(Green Charge Networks) Company Detail
11.10.2 ENGIE(Green Charge Networks) Business Overview
11.10.3 ENGIE(Green Charge Networks) Virtual Power Plant (VPP) Software as a Service Introduction
11.10.4 ENGIE(Green Charge Networks) Revenue in Virtual Power Plant (VPP) Software as a Service Business (2019-2024)
11.10.5 ENGIE(Green Charge Networks) Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Next Kraftwerke GmbH
AutoGrid Systems
GreenSync Pty Ltd
Ormat(Viridity Energy)
SunvergeEnergy
Energy&meteo Systems GmbH
Solvera Lynx
Enbala Networks
Advanced Microgrid Solutions
ENGIE(Green Charge Networks)
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*If Applicable.
