US virtual power plant capacity reaches 37.5GWh over last year says Wood Mackenzie
North America’s virtual power plant (VPP) market grew rapidly over the last year, reaching 37.5GW of behind-the-meter flexible capacity, according to a report from Wood Mackenzie.
The report, 2025 North America virtual power plant market, finds that the VPP market broadened more than it deepened, with the number of company deployments, unique offtakers, and market and utility programmes monetised each growing more than 33%, while total capacity grew a more modest 13.7%.
Commenting in a release was Ben Hertz-Shargel, global head of grid edge for Wood Mackenzie: “Utility programme caps, capacity accreditation reforms, and market barriers have prevented capacity from growing as fast as market activity.”