According to GlobalData, thermal power accounted for 59% of the US’s total installed power generation capacity and 58% of total power generation in 2023. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its United States Thermal power Analysis: Market Outlook to 2035 report. Buy the report here.
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Installed capacity is forecast to decrease from 2024 to 2035, at which point thermal power is expected to account for 35% of total installed generation capacity. Coal capacity declined during 2010 to 2023 at a CAGR of 4.16%. It is expected that coal will grow at a CAGR of 3.89% during 2023-2035.
For more detailed analysis of the thermal power sector in the US, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Power Plants database provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide, while its macro indicators database provides historic and forecast power generation and generation capacity by technology as well as consumption, imports and exports for over 170 countries.
