United States (US) Thermal Power Market Analysis by Size, Installed Capacity, Power Generation, Regulations, Key Players and Forecast to 2035
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United States (US) Thermal Power Market Report Overview
The cumulative capacity for thermal power in the US was 808.9 GW in 2022. It is expected to achieve a negative CAGR of less than 1% during 2022-2035. The US thermal power market research report highlights installed capacity and power generation trends from 2010 to 2035. The report discusses the key insights about the major active and upcoming thermal power plants in the US.
US Thermal Power Market Outlook, 2022-2035 (GW)
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The US thermal power research report is built using data and information sourced from proprietary databases, secondary research, and in-house analysis by our team of industry experts. The report offers comprehensive information and an understanding of the key deals by volume and value analysis. This report also provides company snapshots of some of the major market participants.
Cumulative Capacity (2022) | 808.9 GW |
CAGR (2022-2035) | >(1)% |
Historical Period | 2010-2022 |
Forecast Period | 2023-2035 |
Key Types | · Coal
· Oil · Gas |
Key Deal Types | · Debt Offerings
· Asset Transactions · Acquisition · Private Equity · Equity Offerings |
Key Active Plants | · West County Energy Center
· Bowen Steam Turbine Power Plant · Gibson Power Plant · DTE Monroe Power Plant · John E Amos Power Plant |
Key Companies | · WEC Energy Group Inc
· The AES Corp · PPL Corp · PNM Resources Inc · NRG Energy Inc |
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US Thermal Power Market Segmentation by Types
The key power generation types in the US thermal power market are coal, oil, and gas. The gas power capacity was the largest among thermal technologies in terms of capacity in the US in 2022.
US Thermal Power Market Analysis by Types, 2022 (%)
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US Thermal Power Market Segmentation by Deal Types
The key deal types in the US thermal power market are debt offering, asset transactions, acquisition, private equity, and equity offerings among others. In 2022, the most preferred deal type in the US thermal power market was debt offerings, followed by asset transactions and acquisitions.
US Thermal Power Market Analysis by Deal Types, 2022 (%)
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US Thermal Power Market - Major Active Plants
The major active plants in the US thermal power market are West County Energy Center, Bowen Steam Turbine Power Plant, Gibson Power Plant, DTE Monroe Power Plant, and John E Amos Power Plant among others. West County Energy Center leads the US thermal power market with a total capacity of 4.2 GW in 2023.
US Thermal Power Market Analysis by Active Plants, 2023 (%)
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US Thermal Power Market - Competitive Landscape
The key companies in the US thermal power market are WEC Energy Group Inc, The AES Corp, PPL Corp, PNM Resources Inc, and NRG Energy Inc.
WEC Energy Group Inc: WEC is headquartered in Milwaukee, Wisconsin, the US. The company is an energy holding company. WEC owns, maintains, monitors, and operates electric transmission systems; owns generating facilities and leases those to its group entities; provides natural gas storage and hub services for its sister companies; and owns underground natural gas storage facilities. It serves residential, commercial, community, and government customers in Illinois, Wisconsin, Michigan, and Minnesota.
US Thermal Power Market Analysis by Companies
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Segments Covered in the Report
US Thermal Power Market Type Outlook (Value, 2010-2035, GW)
- Coal
- Oil
- Gas
US Thermal Power Market Deal Type Outlook (Value, 2010-2035, GW)
- Debt Offerings
- Asset Transactions
- Acquisition
- Private Equity
- Equity Offerings
Scope
The report includes:
- A brief introduction to global carbon emissions and global primary energy consumption.
- An overview of the country’s power market highlighting installed capacity trends, generation trends, and installed capacity split by various power sources.
- Detailed overview of the country’s thermal power market with installed capacity and generation trends, and major active and upcoming thermal power projects.
- Deal analysis of the country’s thermal power market.
- Snapshots of some of the major market participants in the country.
Reasons to Buy
- Enhance your decision-making capability in a more rapid and time-sensitive manner.
- Identify key growth and investment opportunities in the country’s thermal power market.
- Facilitate decision-making based on strong historical and forecast data for the thermal power market.
- Position yourself to gain the maximum advantage of the industry’s growth potential.
- Identify key partners and business development avenues.
- Understand and respond to your competitors’ business structure, strategy, and prospects.
Table of Contents
Table
Figures
Frequently asked questions
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What was the US thermal power market cumulative capacity in 2022?
The cumulative capacity for thermal power in US was 808.9GW in 2022.
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What is the expected US thermal power market growth rate for the forecast period?
The US thermal power market is expected to decline at a negative CAGR of less than 1% during 2022-2035.
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Which was the leading type in the US thermal power market?
Thermal power generated from gas had the highest share in the US thermal power market in 2022.
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Which was the leading deal type in the US thermal power market in 2022?
Most of the deals in the US thermal power market were closed via debt offerings in 2022.
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Which are the major active plants in the US thermal power market?
The major active plants in the US thermal power market are West County Energy Center, Bowen Steam Turbine Power Plant, Gibson Power Plant, DTE Monroe Power Plant, and John E Amos Power Plant among others.
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What are the key companies associated with the US thermal power market?
The key companies in the US thermal power market are WEC Energy Group Inc, The AES Corp, PPL Corp, PNM Resources Inc, and NRG Energy Inc.
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