Market Research

Middle East And Africa Virtual Power Plant Market 2024-2032

Best Price Guarantee Length Publisher Published Date SKU
from $1,500 100 Pages Triton Market Research March, 2024 TRTN18603729
Best Price Guarantee
Price from $1,500
Length 100 Pages
Publisher Triton Market Research
Published Date March, 2024
SKU TRTN18603729

Middle East And Africa Virtual Power Plant Market 2024-2032



MARKET OUTLOOK

Triton’s research report examines that the Middle East and Africa virtual power plant market is expected to rise at 22.54% CAGR in revenue for the forecasted years 2024-2032. The United Arab Emirates (UAE), Turkey, Saudi Arabia, and the Rest of the Middle East & Africa are the countries studied in this report.

Saudi Arabia initiated a renewable energy development program called Mtujadeda that offers loans to clean energy projects and manufacturers of renewable energy components. Additionally, the Electricity & Cogeneration Regulatory Authority of Saudi Arabia introduced new regulations for distributed-generation solar installations. The new provisions are applicable to PV systems ranging from 1 kW to 2 MW, which indirectly leads to the growth of virtual power plants.

The South African electricity sector is primarily controlled by Eskom, the national utility, which handles the majority of electricity generation, transmission, and distribution. Although there are 137 municipal power companies, their generation capacity is minimal, as they mainly purchase 40% of their electricity from Eskom to supply end users. This paves the way for the development of virtual power plants within this region for indigenous electricity generation.

COMPETITIVE OUTLOOK

The key companies listed in the virtual power plant market are Bosch, Siemens AG, EnergyHub, Limejump, Enel X, Autogrid Systems Inc, Next Kraftwerke, Generac Grid Services, General Electric Company, Sunverge Energy Inc, Cisco Systems Inc, and ABB Ltd.


1. Middle East And Africa Virtual Power Plant Market – Summary
2. Industry Outlook
2.1. Impact Of Covid-19 On The Virtual Power Plant Market
2.2. Porter’s Five Forces Analysis
2.2.1. Threat Of New Entrants
2.2.2. Threat Of Substitutes
2.2.3. Bargaining Power Of Suppliers
2.2.4. Bargaining Power Of Buyers
2.2.5. Threat Of Competitive Rivalry
2.3. Key Market Strategies
2.3.1. Contracts And Partnerships
2.3.2. Business Expansions And Divestitures
2.3.3. Acquisitions
2.4. Market Drivers
2.4.1. Growing Focus On Renewable Energy Generation
2.4.2. Increasing Prevalence Of Decentralized Power Generation
2.5. Market Challenges
2.5.1. Extensive Capital Requirement
2.5.2. Lacking Infrastructure And Issues In Incorporating Technology
2.6. Analyst Perspective
3. Middle East And Africa Virtual Power Plant Market - By Technology
3.1. Demand Response
3.2. Distributed Generation
3.3. Mixed Assets
4. Middle East And Africa Virtual Power Plant Market - By End-user
4.1. Industrial
4.2. Commercial
4.3. Residential
5. Middle East And Africa Virtual Power Plant Market – By Country Outlook
5.1. Country Analysis
5.1.1. United Arab Emirates
5.1.2. Turkey
5.1.3. Saudi Arabia
5.1.4. South Africa
5.1.5. Rest Of Middle East & Africa
6. Competitive Landscape
6.1. Abb Ltd
6.1.1. Overview
6.1.2. Product Portfolio
6.1.3. Strengths
6.1.4. Challenge
6.2. Autogrid Systems Inc
6.2.1. Overview
6.2.2. Product Portfolio
6.2.3. Strengths
6.2.4. Challenge
6.3. Enel X
6.3.1. Overview
6.3.2. Product Portfolio
6.3.3. Strengths
6.3.4. Challenge
6.4. General Electric Company
6.4.1. Overview
6.4.2. Product Portfolio
6.4.3. Strengths
6.4.4. Challenge
6.5. Bosch
6.5.1. Overview
6.5.2. Product Portfolio
6.5.3. Strengths
6.5.4. Challenge
6.6. Next Kraftwerke
6.6.1. Overview
6.6.2. Product Portfolio
6.6.3. Strengths
6.6.4. Challenge
6.7. Generac Grid Services
6.7.1. Overview
6.7.2. Product Portfolio
6.7.3. Strengths
6.7.4. Challenge
6.8. Sunverge Energy Inc
6.8.1. Overview
6.8.2. Product Portfolio
6.8.3. Strengths
6.8.4. Challenge
6.9. Cisco Systems Inc
6.9.1. Overview
6.9.2. Product Portfolio
6.9.3. Strengths
6.9.4. Challenge
6.10. Siemens Ag
6.10.1. Overview
6.10.2. Product Portfolio
6.10.3. Strengths
6.10.4. Challenge
6.11. Energyhub
6.11.1. Overview
6.11.2. Product Portfolio
6.12. Limejump
6.12.1. Overview
6.12.2. Product Portfolio
7. Research Methodology & Scope
7.1. Research Scope & Deliverables
7.1.1. Objectives Of Study
7.1.2. Scope Of Study
7.2. Sources Of Data
7.2.1. Primary Data Sources
7.2.2. Secondary Data Sources
7.3. Research Methodology
7.3.1. Evaluation Of The Proposed Market
7.3.2. Identification Of Data Sources
7.3.3. Assessment Of Market Determinants
7.3.4. Data Collection
7.3.5. Data Validation & Analysis
List Of Tables
Table 1: Middle East And Africa Virtual Power Plant Market, By Country Outlook, 2024-2032 (In $ Million)
Table 2: List Of Contracts And Partnerships
Table 3: List Of Business Expansions And Divestitures
Table 4: List Of Acquisitions
Table 5: Middle East And Africa Virtual Power Plant Market, By Technology, 2024-2032 (In $ Million)
Table 6: Middle East And Africa Virtual Power Plant Market, By End-user, 2024-2032 (In $ Million)
List Of Figures
Figure 1: Porter’s Five Forces Analysis
Figure 2: Middle East And Africa Virtual Power Plant Market, By Technology, 2023 & 2032
Figure 3: Middle East And Africa Virtual Power Plant Market, By Demand Response, 2024-2032 (In $ Million)
Figure 4: Middle East And Africa Virtual Power Plant Market, By Distributed Generation, 2024-2032 (In $ Million)
Figure 5: Middle East And Africa Virtual Power Plant Market, By Mixed Assets, 2024-2032 (In $ Million)
Figure 6: Middle East And Africa Virtual Power Plant Market, By End-user, 2023 & 2032 (In %)
Figure 7: Middle East And Africa Virtual Power Plant Market, By Industrial, 2024-2032 (In $ Million)
Figure 8: Middle East And Africa Virtual Power Plant Market, By Commercial, 2024-2032 (In $ Million)
Figure 9: Middle East And Africa Virtual Power Plant Market, By Residential, 2024-2032 (In $ Million)
Figure 10: United Arab Emirates Virtual Power Plant Market 2024-2032 (In $ Million)
Figure 11: Turkey Virtual Power Plant Market 2024-2032 (In $ Million)
Figure 12: Saudi Arabia Virtual Power Plant Market 2024-2032 (In $ Million)
Figure 13: South Africa Virtual Power Plant Market 2024-2032 (In $ Million)
Figure 14: Rest Of Middle East & Africa Virtual Power Plant Market 2024-2032 (In $ Million)

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