Dublin, May 22, 2025 (GLOBE NEWSWIRE) — The “Europe Virtual Power Plant Market Size, Share & Trends Analysis Report by Technology (Distributed Energy Resource, Demand Response, Mixed Asset), End-use (Industrial, Residential, Commercial), Country, with Growth Forecasts, 2025-2030” has been added to ResearchAndMarkets.com’s offering.
The Europe Virtual Power Plant Market is on an upward trajectory, with its valuation expected to rise from USD 1.50 Billion in 2024 to USD 4.76 Billion by 2030, driven by a substantial CAGR of 21.30%
This growth is propelled by the increased integration of renewable energy sources, a rising demand for grid flexibility and stability, and the growing adoption of smart grid technologies across Europe. With the burgeoning presence of electric vehicles, virtual power plants present an opportunity to bolster EV charging infrastructure via demand balancing and optimized energy distribution.
Despite this promising growth, regulatory inconsistencies and non-standardized policies across European nations present challenges, hindering the seamless deployment of virtual power plant systems. Nonetheless, EU mandates under the Renewable Energy Directive, requiring member states to achieve 42.5% renewable energy by 2030, underscore the necessity for flexible systems like VPPs, essential for efficient management and integration of distributed renewable assets.
The European Environment Agency reports a renewable energy uptick from 23% in 2022 to 24.5% in 2023, thanks in part to increased solar power installations. VPPs expertly coordinate and optimize these installations, with the EU emerging as the world’s second-largest growth market for renewables, as evidenced by projections from the IEA. This expansion highlights the indispensable role of VPPs in integrating new renewable capacity seamlessly into Europe’s energy framework.
Managing grid complexity due to renewable penetration emphasizes the importance of stability and flexibility. VPPs adeptly balance solar and wind generation with demand-side resources and storage systems. Key innovations, like Elisa’s distributed energy storage expansion to 150 MWh with EUR 3.9 million in funding, demonstrate VPPs’ efficacy in grid stabilization, reducing dependence on traditional power plants, and enabling smarter grid operations continent-wide.
Regulatory variability remains a significant hurdle. Despite the Renewable Energy Directive (EU) 2018/2001’s unified 2030 renewable target, national implementations are inconsistent. Moreover, the Electricity Regulation (EU) 2019/943’s provisions for grid flexibility and demand response lack uniform execution across the EU, complicating VPP integration efforts.
Why Should You Buy This Report?
- Comprehensive Market Analysis: Access detailed insights into major regions and segments.
- Competitive Landscape: Understand the presence of key market players.
- Future Trends: Identify pivotal trends shaping market evolution.
- Actionable Recommendations: Leverage insights to explore new revenue streams and strategic business decisions.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 100 |
| Forecast Period | 2024 – 2030 |
| Estimated Market Value (USD) in 2024 | $1.5 Billion |
| Forecasted Market Value (USD) by 2030 | $4.76 Billion |
| Compound Annual Growth Rate | 21.3% |
| Regions Covered | Europe |
Companies Featured
- Siemens AG
- Toshiba Corporation
- Next Kraftwerke GmbH
- Hitachi, Ltd.
- ABB Ltd.
- Tesla, Inc.
- Centrica plc
- Cisco Systems, Inc.
- Bosch (Robert Bosch GmbH)
- General Electric
- Sympower
- SnerpaPower
- Voltus
- Baxenergy
- Flextools (Sympower)
Technology Outlook (Revenue, USD Million, 2018-2030)
- Distributed Energy Resource
- Demand Response
- Mixed Asset
End-use Outlook (Revenue, USD Million, 2018-2030)
- Industrial
- Commercial
- Residential
For more information about this report visit https://www.researchandmarkets.com/r/denxnf
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- European Virtual Power Plant Market
