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Fossil Fuel New Energy Generation Market Trends

Report ID: GMI10806
Published Date: Aug 2024
Report Format: PDF

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Fossil Fuel New Energy Generation Market Trends

Fossil fuel new energy generation industry is set to witness substantial growth owing to increasing focus toward energy generation, increasing power demand and rising deployment of low emission fossil fuel power plants. Increasing investment for the infrastructure development, stringent regulations pertaining toward environmental protection and favorable initiatives by respective authorities toward construction of new power plants will complement the industry landscape. Furthermore, steadily expanding energy generation, increased investments and expenditure for development of power plants across various geographies will positively influencing the industry outlook.

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of fossil fuel new energy generation was worth about USD 340.5 billion in 2023 and is anticipated to register 12% CAGR between 2024 and 2032, due to rising energy demand across various sectors.

The coal segment in the fossil fuel new energy generation market is set to reach USD 510 billion by 2032, on account of abundant availability of coal reserves across several regions and rising energy demands.

Asia Pacific fossil fuel new energy generation market is likely to exceed USD 550 billion by 2032, driven by rising energy demand across several industrial processes and robust industrial investments.

ArcelorMittal, AtkinsRéalis, ?EZ, a. s., China Datang Corporation, China Huadian Corporation LTD, Engie, Eskom Holdings SOC Ltd, Iberdrola, S.A., IPJSC EN+ GROUP, Pampa Energía S.A., and RWE, among others.