The US Power Market Outlook to 2035, Update 2024 - Market Trends, Regulations, and Competitive Landscape
Summary
This report discusses the power market structure of the US and provides historical and forecast numbers for capacity, generation, and consumption up to 2035. Detailed analysis of the country’s power market regulatory structure, competitive landscape, and a list of major power plants are provided. The report also gives a snapshot of the power sector in the country on broad parameters of macroeconomics, supply security, generation infrastructure, transmission and distribution infrastructure, electricity import and export scenario, degree of competition, regulatory scenario, and future potential. An analysis of the deals in the country’s power sector is also included in the report.
Scope
- Snapshot of the country’s power sector across parameters - macroeconomics, supply security, generation infrastructure, transmission infrastructure, electricity import and export scenario, degree of competition, regulatory scenario, and future potential of the power sector.
- Statistics for installed capacity, generation, and consumption from 2015 to 2023, and forecast for the next 12 years to 2035
- Capacity, generation, and major power plants by technology
- Data on leading active and upcoming power plants
- Information on transmission and distribution infrastructure, and electricity imports and exports
- Policy and regulatory framework governing the market
- Detailed analysis of top market participants, including market share analysis and SWOT analysis
- Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the country’s power sector
- Identify key factors driving investment opportunities in the country’s power sector
- Facilitate decision-making based on strong historic and forecast data
- Develop strategies based on the latest regulatory events
- Position yourself to gain the maximum advantage of the industry’s growth potential
- Identify key partners and business development avenues
- Identify key strengths and weaknesses of important market participants
- Respond to your competitors’ business structure, strategy, and prospects
- 1 Executive Summary
- 1.1 Transition to renewable energy overtaking thermal power
- 1.2 Gradual Progress in the US Transmission and Grid Upgrades
- 2 Introduction
- 2.1 US Power Market
- 2.2 Potential Changes in US Energy and Climate Policy under Trump's 2025 Administration
- 2.3 GlobalData Report Guidance
- 3 US Power Market, Snapshot
- 3.1 Country Summary
- 3.2 Macroeconomic Factors
- 3.3 Supply Security
- 3.4 Opportunities
- 3.5 Challenges
- 3.6 Geopolitical crisis
- 4 US Power Market, Market Analysis
- 4.1 Market Structure
- 4.2 Key Market Players
- 4.3 Financial Deals
- Deal Value and Volume, 2015–2023
- Deals by Type, 2023
- 4.4 US Power Market, Demand Structure
- Power Consumption by Sector, 2023
- 4.5 US Power Market, Drivers, Restraints, and Challenges
- Drivers
- Restraints
- 5 US Power Market, Regulatory Scenario
- 5.1 Thermal Power Policy
- 5.2 Nuclear Power Policy
- 5.3 Renewable Energy Market, US, Overview
- 5.4 Brief of the upcoming 2025 Budget
- 5.5 Climate Goals in Federal Fiscal Year 2024 Budget
- 5.6 Tax Cuts and New Jobs Act (TCJA)
- 5.7 Inflation Reduction Act (IRA)
- 5.8 Production Tax Credits
- 5.9 Investment Tax Credits
- 5.1 Solar Manufacturing for America Act (SEMA)
- 5.11 Residential Renewable Energy Tax Credit
- 5.12 Renewable Energy Target
- 5.13 Rural Energy for America Program: Grants
- 5.14 Empowering Rural America Program (New ERA)
- 5.15 Tribal Energy Program Grant
- 5.16 US Department of Energy – Loan Guarantee Program
- 5.17 Green Power Purchasing Goal
- 5.18 Federal Initiatives for Solar Power
- SunShot Initiative, 2030
- Solar Funding
- 5.19 Federal Initiatives for Wind Power
- 5.2 Federal Initiatives for Biopower and Biofuels
- Energy Policy Act – Alternative Fuels
- Biorefinery Assistance Program
- 5.21 DOE Funding for Renewables and Geothermal Energy
- 5.22 Hydrogen Energy – DOE Hydrogen Program
- 5.23 Renewable Portfolio Standards
- 5.24 Renewable Energy Certificates
- 5.25 Public Benefit Funds for Renewable Energy
- 5.26 Interconnection Standards
- 5.27 Standard Interconnection Agreements for Wind Power Plants
- 5.28 Net Metering
- 5.29 Property Assessed Clean Energy (PACE)
- 6 US Power Market, Capacity and Generation
- 6.1 Cumulative Capacity Share by Technology, 2023
- 6.2 Total Power Capacity and Generation, 2015–2035
- 6.3 Thermal Power Capacity and Generation, 2015–2035
- 6.4 Hydropower Capacity and Generation, 2015–2035
- 6.5 Nuclear Power Capacity and Generation, 2015–2035
- 6.6 Renewable Power Capacity and Generation, 2015–2035
- 7 US Power Market, Transmission and Distribution Overview
- 7.1 Transmission Network
- 7.2 Distribution Network
- 7.3 Electricity Import and Export
- 7.4 Grid Interconnection
- 8 US Power Market, Major Generating Companies
- 8.1 NextEra Energy Inc
- Company Overview
- Business Description
- SWOT Overview
- 8.2 Duke Energy Corp
- Company Overview
- Business Description
- SWOT Overview
- 8.3 Southern Co
- Company Overview
- Business Description
- SWOT Overview
- 8.4 Vistra Corp
- Company Overview
- Business Description
- SWOT Overview
- 9 Appendix
- 9.1 Abbreviations
- 9.2 Methodology
- Coverage
- Secondary Research
- Primary Research
- Modelling and Forecasting
- 10 About GlobalData
- 11 Contact Us
- List of Tables
- Table 1: Power Market, the US, Macroeconomic Factors, 2015–2030
- Table 2: Renewable Energy Project Tax Components and changes with new tax code, the US
- Table 3: Renewable Energy Market, the US, Investment Tax Credit
- Table 4: Renewable Energy Market, the US, Green Power Purchasing Goal (%), 2018–2025
- Table 5: Renewable Energy Market, the US, Sun shot Progress and Goals
- Table 6: Renewable Energy Market, the US, Renewable Portfolio Standards, State Targets
- Table 7: Power Market, the US, Cumulative Capacity and Annual Generation, 2015–2035
- Table 8: Power Market, the US, Cumulative Capacity and Annual Generation Share by Technology, 2015–2035
- Table 9: Thermal Power Market, the US, Cumulative Capacity and Annual Generation, 2015–2035
- Table 10: Thermal Power Market, the US, Major Plants-Active, 2023
- Table 11: Thermal Power Market, the US, Major Plants-Upcoming, 2023
- Table 12: Hydropower Market, the US, Cumulative Capacity and Annual Generation, 2015–2035
- Table 13: Hydropower Market, the US, Major Plants-Active, 2023
- Table 14: Hydropower Market, the US, Major Plants-Upcoming, 2023
- Table 15: Nuclear Power Market, the US, Cumulative Capacity and Annual Generation, 2015–2035
- Table 16: Nuclear Power Market, the US, Major Plants-Active, 2023
- Table 17: Nuclear Power Market, the US, Major Plants-Upcoming, 2023
- Table 18: Renewable Power Market, the US, Cumulative Capacity (GW), 2015–2035
- Table 19: Renewable Power Market, the US, Annual Generation (TWh), 2015–2035
- Table 20: Renewable Power Market, the US, Major Plants-Active, 2023
- Table 21: Renewable Power Market, the US, Major Plants-Upcoming, 2023
- Table 22: Power Market, the US, Transmission Line Length (Ckm) by Voltage Level, 2015–2028
- Table 23: Power Market, the US, Distribution Line Length (Ckm) by Voltage Level, 2015–2028
- Table 24: Power Market, the US, Annual Electricity Import and Export (TWh), 2015–2023
- Table 25: Power Market, the US, Upcoming Interconnection Projects
- Table 26: Abbreviations
- List of Figures
- Figure 1: Renewable Power Market, the US, Cumulative Capacity.
- Figure 2: Power Market, the US, Transmission Line Length (Ckm) by Voltage Level, 2015–2028
- Figure 3: Power Market, the US, Country Summary
- Figure 4: Power Market, the US, Macroeconomic Factors, 2015–2030
- Figure 5: Power Market, the US, Market Structure
- Figure 6: Power Market, the US, Market Share of Generation Companies (%), 2023
- Figure 7: Power Market, the US, Deal Value and Number of Deals, 2015–2023
- Figure 8: Power Market, the US, Deals by Type (%), 2023
- Figure 9: Power Market, the US, Annual Power Consumption, 2015–2035
- Figure 10: Power Market, the US, Power Consumption by Sector (%), 2023
- Figure 11: Power Market, the US, Cumulative Capacity Share by Technology (%), 2023
- Figure 12: Power Market, the US, Cumulative Capacity and Annual Generation, 2015–2035
- Figure 13: Power Market, the US, Capacity Share by Technology, 2015–2035
- Figure 14: Power Market, the US, Annual Generation Share by Technology, 2015–2035
- Figure 15: Thermal Power Market, the US, Cumulative Capacity and Annual Generation, 2015–2035
- Figure 16: Hydropower Market, the US, Cumulative Capacity and Annual Generation, 2015–2035
- Figure 17: Nuclear Power Market, the US, Cumulative Capacity and Annual Generation, 2015–2035
- Figure 18: Renewable Power Market, the US, Cumulative Capacity, 2015–2035
- Figure 19: Renewable Power Market, the US, Annual Generation, 2015–2035
- Figure 20: Power Market, the US, Annual Electricity Import and Export, 2015–2023
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