POWER Magazine•about 1 month ago
Research Group: U.S. Exits Coal by 2040 as Solar, Nuclear, Natural Gas Surge
Key Takeaway
The U.S. power grid is undergoing a fundamental transformation, with coal phasing out by 2040 and a sequential surge in solar, natural gas, and nuclear power defining future generation capacity and investment opportunities.
AI Summary
- •U.S. power generation is projected to exit coal by 2040, signaling a major shift in the energy mix.
- •Solar power is expected to lead capacity additions in the short term, natural gas in the mid term, and nuclear power in the long term.
- •This forecast highlights significant investment opportunities for developers in solar, natural gas, and nuclear projects, influencing future PPA strategies and grid interconnection queues.
Topics
capacity-marketemissionspolicysolar
Article Content
An energy research group said U.S. power generation capacity will be led by solar power in the short term, natural gas in the mid term, and nuclear power in the long term as coal-fired units continue to be retired. The post Research Group: U.S. Exits Coal by 2040 as Solar, Nuclear, Natural Gas Surge appeared first on POWER Magazine .