North America Thermal Power Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The North American Thermal Power Market is Segmented by Fuel (Coal, Gas, Nuclear, and Other Fuel Types) and Geography (United States, Canada, and Rest of North America). The report offers the market size and forecasts in installed capacity (gigawatts) for all the above segments.

North America Thermal Power Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

North America Thermal Power Industry Overview

The North American thermal power market is semi-consolidated. Some of the key players in this market (in no particular order) include NextEra Energy, Inc., Dominion Energy, Inc., Duke Energy Corporation, Southern Company, and American Electric Power Company Inc., among others.

In April 2022, NextEra Energy announced Real Zero, the carbon-emissions-reduction goal ever imposed by an energy producer, executing to eliminate carbon emissions from its operations by 2045. Achieving the goal would require substantial investment by the company and converting its generation fleet by eliminating all scope one and scope two carbon emissions across NextEra Energy's operations while enhancing affordability, reliability, resiliency, and cost certainty for the many customer groups it serves.

North America Thermal Power Market Leaders

  1. NextEra Energy, Inc.

  2. Dominion Energy, Inc.

  3. Duke Energy Corporation

  4. Southern Company

  5. American Electric Power Company Inc

  6. *Disclaimer: Major Players sorted in no particular order
North America Thermal Power Market Concentration