Virtualized application power budgeting can manage power budgeting for multiple applications in data centers. This power budgeting may be done in intelligent and/or dynamic ways and may be useful for updating power budgets, resolving conflicts in requests for power, and may improve the efficiency of the distribution of power to multiple applications.Virtualized application power budgeting can distinguish between priority applications and non-priority applications at a granular, virtual machine level and reduce the power consumption to only non-priority applications when there are power consumption conflicts. Virtualized application power budgeting may be able to determine the most efficient manner of providing power to each application in a data center. Further, virtualized application power budgeting may be able to distribute power according to application priority and other predetermined requirements and improve the efficiency of the power consumption by the devices in the data center.