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
- Executive Summary
- Transition to renewable energy overtaking thermal power
- Table Figure 1: Renewable Power Market, the US, Cumulative Capacity.
- Gradual Progress in the US Transmission and Grid Upgrades
- Table Figure 2: Power Market, the US, Transmission Line Length (Ckm) by Voltage Level, 2015-2028
- Transition to renewable energy overtaking thermal power
- Introduction
- US Power Market
- Potential Changes in US Energy and Climate Policy under Trump's 2025 Administration
- GlobalData Report Guidance
- US Power Market, Snapshot
- Country Summary
- Table Figure 3: Power Market, the US, Country Summary
- Macroeconomic Factors
- Table Figure 4: Power Market, the US, Macroeconomic Factors, 2015-2030
- Table Power Market, the US, Macroeconomic Factors, 2015-2030
- Supply Security
- Opportunities
- Challenges
- Geopolitical crisis
- Country Summary
- US Power Market, Market Analysis
- Market Structure
- Table Figure 5: Power Market, the US, Market Structure
- Key Market Players
- Table Figure 6: Power Market, the US, Market Share of Generation Companies (%), 2023
- Financial Deals
- Table Figure 7: Power Market, the US, Deal Value and Number of Deals, 2015-2023
- Table Figure 8: Power Market, the US, Deals by Type (%), 2023
- US Power Market, Demand Structure
- Table Figure 9: Power Market, the US, Annual Power Consumption, 2015-2035
- Table Figure 10: Power Market, the US, Power Consumption by Sector (%), 2023
- US Power Market, Drivers, Restraints, and Challenges
- Market Structure
- US Power Market, Regulatory Scenario
- Thermal Power Policy
- Nuclear Power Policy
- Renewable Energy Market, US, Overview
- Brief of the upcoming 2025 Budget
- Climate Goals in Federal Fiscal Year 2024 Budget
- Tax Cuts and New Jobs Act (TCJA)
- Table Renewable Energy Project Tax Components and changes with new tax code, the US
- Inflation Reduction Act (IRA)
- Production Tax Credits
- Investment Tax Credits
- Table Renewable Energy Market, the US, Investment Tax Credit
- Solar Manufacturing for America Act (SEMA)
- Residential Renewable Energy Tax Credit
- Renewable Energy Target
- Rural Energy for America Program: Grants
- Empowering Rural America Program (New ERA)
- Tribal Energy Program Grant
- US Department of Energy - Loan Guarantee Program
- Green Power Purchasing Goal
- Table Renewable Energy Market, the US, Green Power Purchasing Goal (%), 2018-2025
- Federal Initiatives for Solar Power
- Table Renewable Energy Market, the US, Sun shot Progress and Goals
- Federal Initiatives for Wind Power
- Federal Initiatives for Biopower and Biofuels
- DOE Funding for Renewables and Geothermal Energy
- Hydrogen Energy - DOE Hydrogen Program
- Renewable Portfolio Standards
- Table Renewable Energy Market, the US, Renewable Portfolio Standards, State Targets
- Renewable Energy Certificates
- Public Benefit Funds for Renewable Energy
- Interconnection Standards
- Standard Interconnection Agreements for Wind Power Plants
- Net Metering
- Property Assessed Clean Energy (PACE)
- US Power Market, Capacity and Generation
- Cumulative Capacity Share by Technology, 2023
- Table Figure 11: Power Market, the US, Cumulative Capacity Share by Technology (%), 2023
- Total Power Capacity and Generation, 2015-2035
- Table Figure 12: Power Market, the US, Cumulative Capacity and Annual Generation, 2015-2035
- Table Power Market, the US, Cumulative Capacity and Annual Generation, 2015-2035
- Table Figure 13: Power Market, the US, Capacity Share by Technology, 2015-2035
- Table Figure 14: Power Market, the US, Annual Generation Share by Technology, 2015-2035
- Table Power Market, the US, Cumulative Capacity and Annual Generation Share by Technology, 2015-2035
- Thermal Power Capacity and Generation, 2015-2035
- Table Figure 15: Thermal Power Market, the US, Cumulative Capacity and Annual Generation, 2015-2035
- Table Thermal Power Market, the US, Cumulative Capacity and Annual Generation, 2015-2035
- Table Thermal Power Market, the US, Major Plants-Active, 2023
- Table Thermal Power Market, the US, Major Plants-Upcoming, 2023
- Hydropower Capacity and Generation, 2015-2035
- Table Figure 16: Hydropower Market, the US, Cumulative Capacity and Annual Generation, 2015-2035
- Table Hydropower Market, the US, Cumulative Capacity and Annual Generation, 2015-2035
- Table Hydropower Market, the US, Major Plants-Active, 2023
- Table Hydropower Market, the US, Major Plants-Upcoming, 2023
- Nuclear Power Capacity and Generation, 2015-2035
- Table Figure 17: Nuclear Power Market, the US, Cumulative Capacity and Annual Generation, 2015-2035
- Table Nuclear Power Market, the US, Cumulative Capacity and Annual Generation, 2015-2035
- Table Nuclear Power Market, the US, Major Plants-Active, 2023
- Table Nuclear Power Market, the US, Major Plants-Upcoming, 2023
- Renewable Power Capacity and Generation, 2015-2035
- Table Figure 18: Renewable Power Market, the US, Cumulative Capacity, 2015-2035
- Table Renewable Power Market, the US, Cumulative Capacity (GW), 2015-2035
- Table Figure 19: Renewable Power Market, the US, Annual Generation, 2015-2035
- Table Renewable Power Market, the US, Annual Generation (TWh), 2015-2035
- Table Renewable Power Market, the US, Major Plants-Active, 2023
- Table Renewable Power Market, the US, Major Plants-Upcoming, 2023
- Cumulative Capacity Share by Technology, 2023
- US Power Market, Transmission and Distribution Overview
- Transmission Network
- Table Power Market, the US, Transmission Line Length (Ckm) by Voltage Level, 2015-2028
- Distribution Network
- Table Power Market, the US, Distribution Line Length (Ckm) by Voltage Level, 2015-2028
- Electricity Import and Export
- Table Figure 20: Power Market, the US, Annual Electricity Import and Export, 2015-2023
- Table Power Market, the US, Annual Electricity Import and Export (TWh), 2015-2023
- Grid Interconnection
- Table Power Market, the US, Upcoming Interconnection Projects
- Transmission Network
- US Power Market, Major Generating Companies
- NextEra Energy Inc
- Duke Energy Corp
- Southern Co
- Vistra Corp
- Appendix
- Abbreviations
- Table Abbreviations
- Methodology
- Abbreviations
- About GlobalData
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