North America Virtual Power Plant (VPP) Market 2024

Report Summary:

Virtual power plants (VPPs) are a recent market construct whose potential has been widely analyzed, but whose commercial status is far less understood. This report addresses that research gap, analyzing the state of the VPP market today in the US and Canada based on associated databases of over 1400 deployments and over 300 monetized market and utility programs. Topics covered include technology trends; VPP offtakes by utilities, retailers and community choice aggregators; and the wholesale market and regulatory landscape, including FERC Order 2222. Dedicated sections cover the commercial and residential commercial landscapes, including assessments of leaders by deployment count, dispatchable capacity and business model.