According to GlobalData, thermal power accounted for 63% of the US’s total installed power generation capacity and 60% of total power generation in 2021. 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 2022 to 2035, at which point thermal power is expected to account for 31% of total installed generation capacity. Coal capacity declined during 2010 to 2021 at a CAGR of 3.61%. It is expected that coal will grow at a CAGR of 3.58% during 2021-2035.
For more detailed analysis of the thermal power sector in the US, buy the report here.
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