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)

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 (%)

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 (%)

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 (%)

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

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

List of Tables

List of Figures

1. Introduction

1.1 Carbon Dioxide Emissions, Global, 2001–2022

1.2 Primary Energy Consumption, Global, 2001–2022

1.3 Report Guidance

2. Power Market, United States

2.1 Power Market, United States, Installed Capacity, 2010-2035

– Power Market, United States, Cumulative Installed Capacity by Source, 2010-2035

– Power Market, United States, Cumulative Capacity Share by Source, 2022 and 2035

– Power Market, United States, Capacity Addition by Source, 2023-2035

– Power Market, United States, Capacity Growth by Source, 2022-2035

2.2 Power Market, United States, Power Generation, 2010-2035

– Power Market, United States, Power Generation by Source, 2010-2035

– Power Market, United States, Growth in Power Generation by Source, 2022-2035

3. Thermal Power Market, United States

3.1 Thermal Power Market, United States, Installed Capacity, 2010-2035

– Thermal Power Market, United States, Cumulative Capacity by Type, 2010-2035

3.2 Thermal Power Market, United States, Power Generation, 2010-2035

– Thermal Power Market, United States, Power Generation by Type, 2010-2035

3.3 Thermal Power Market, United States, Market Size, 2010-2030

3.4 Thermal Power Market, United States, Power Plants

– Thermal Power Market, United States, Major Active Plants

– Thermal Power Market, United States, Upcoming Plants

– Thermal Power Market, United States, Major Plants Under Construction

3.5 Thermal Power Market, United States, Deal Analysis, 2022

– Thermal Power Market, United States, Deal Volume and Deal Value, 2010–2022

– Thermal Power Market, United States, Split by Deal Type, 2022

4. Steam Turbines Market, United States

4.1 Steam Turbines Market, United States, Market Size, 2012-2026

4.2 Steam Turbines Market, United States, Market Share (%), 2022

5. Gas Turbines Market, United States

5.1 Gas Turbines Market, United States, Market Size, 2012-2027

5.2 Gas Turbines Market, United States, Market Share (%), 2022

6. Thermal Power Policy, United States

6.1 Thermal Power Policy, United States, Overview

– Energy Policy Act

7. Thermal Power Market, United States, Company Profiles

7.1 WEC Energy Group Inc

– WEC Energy Group Inc – Company Overview

– WEC Energy Group Inc – Business Description

– WEC Energy Group Inc – SWOT Analysis

– WEC Energy Group Inc – Major Products and Services

– WEC Energy Group Inc – Head Office

7.2 The AES Corp

– The AES Corp – Company Overview

– The AES Corp – Business Description

– The AES Corp – SWOT Analysis

– The AES Corp – Major Products and Services

– The AES Corp – Head Office

7.3 PPL Corp

– PPL Corp – Company Overview

– PPL Corp – Business Description

– PPL Corp – SWOT Analysis

– PPL Corp – Major Products and Services

– PPL Corp – Head Office

7.4 PNM Resources Inc

– PNM Resources Inc – Company Overview

– PNM Resources Inc – Business Description

– PNM Resources Inc – SWOT Analysis

– PNM Resources Inc – Major Products and Services

– PNM Resources Inc – Head Office

7.5 NRG Energy Inc

– NRG Energy Inc – Company Overview

– NRG Energy Inc – Business Description

– NRG Energy Inc – SWOT Analysis

– NRG Energy Inc – Major Products and Services

– NRG Energy Inc – Head Office

8. Appendix

8.1 Abbreviations

8.2 Market Definitions

– Power

– Renewable Power

– Installed Capacity

– Electricity Generation

– Electricity Consumption

8.3 Methodology

– Coverage

– Secondary Research

– Primary Research

– Modelling and Forecasting

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Table

Table 1: Carbon Dioxide Emissions from Energy Consumption, Global, 2001–2022

Table 2: Primary Energy Consumption, Global, 2001–2022

Table 3: Power Market, United States, Cumulative Installed Capacity by Source (GW), 2010-2035

Table 4: Power Market, United States, Cumulative Capacity Share by Source (%), 2022 and 2035

Table 5: Power Market, United States, Capacity Addition by Source (GW), 2023-2035

Table 6: Power Market, United States, Capacity Growth by Source, 2022-2035

Table 7: Power Market, United States, Power Generation by Source (TWh), 2010-2035

Table 8: Power Market, United States, Growth in Power Generation by Source, 2022-2035

Table 9: Thermal Power Market, United States, Installed Capacity (GW), 2010-2035

Table 10: Thermal Power Market, United States, Cumulative Capacity by Type (GW), 2010-2035

Table 11: Thermal Power Market, United States, Power Generation (TWh), 2010-2035

Table 12: Thermal Power Market, United States, Power Generation by Type (TWh), 2010-2035

Table 13: Thermal Power Market, United States, Market Size ($M), 2010-2030

Table 14: Thermal Power Market, United States, Major Active Plants

Table 15: Thermal Power Market, United States, Upcoming Plants

Table 16: Thermal Power Market, United States, Major Plants Under Construction

Table 17: Thermal Power Market, United States, Deal Volume and Deal Value ($M), 2010–2022

Table 18: Thermal Power Market, United States, Deals by Type, 2022

Table 19: Steam Turbines Market, United States, Market Size ($M), 2012-2026

Table 20: Steam Turbines Market, United States, Market Share (%), 2022

Table 21: Gas Turbines Market, United States, Market Size ($M), 2012-2026

Table 22: Gas Turbines Market, United States, Market Share (%), 2022

Table 23: WEC Energy Group Inc, Major Products and Services

Table 24: The AES Corp, Major Products and Services

Table 25: PPL Corp, Major Products and Services

Table 26: PNM Resources Inc, Major Products and Services

Table 27: NRG Energy In, Major Products and Services

Table 28: Abbreviations

Figures

Figure 1: Carbon Dioxide Emissions from Energy Consumption, Global, 2001–2022

Figure 2: Primary Energy Consumption, Global, 2001–2022

Figure 3: Power Market, United States, Cumulative Installed Capacity by Source (GW), 2010-2035

Figure 4: Power Market, United States, Cumulative Capacity Share by Source (%), 2022 and 2035

Figure 5: Power Market, United States, Capacity Addition by Source (GW), 2023-2035

Figure 6: Power Market, United States, Capacity Growth by Source, 2022-2035

Figure 7: Power Market, United States, Power Generation by Source (TWh), 2010-2035

Figure 8: Power Market, United States, Growth in Power Generation by Source, 2022-2035

Figure 9: Thermal Power Market, United States, Installed Capacity (GW), 2010-2035

Figure 10: Thermal Power Market, United States, Cumulative Capacity by Type (GW), 2010-2035

Figure 11: Thermal Power Market, United States, Power Generation (TWh), 2010-2035

Figure 12: Thermal Power Market, United States, Power Generation by Type (TWh), 2010-2035

Figure 13: Thermal Power Market, United States, Market Size ($M), 2010-2030

Figure 14: Thermal Power Market, United States, Upcoming Plants

Figure 15: Thermal Power Market, United States, Deal Volume and Deal Value ($M), 2010–2022

Figure 16: Thermal Power Market, United States, Split by Deal Type (%), 2022

Figure 17: Steam Turbines Market, United States, Market Size ($M), 2012-2026

Figure 18: Steam Turbines Market, United States, Market Share (%), 2022

Figure 19: Gas Turbines Market, United States, Market Size ($M), 2012-2026

Figure 20: Gas Turbines Market, United States, Market Share (%), 2022

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