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About GlobalData - Power Sector Overview and Key Trends
The document provides an overview of key trends in the global power sector. It notes that the share of conventional fuels like coal is declining rapidly being replaced by increasing shares of solar, wind, and natural gas. Asia Pacific contributes nearly half of global installed capacity currently and over 60% of new capacity additions through 2023. New investment in power generation has declined since 2016 due to reduced spending on fossil fuel plants. In the Americas, natural gas and renewables like solar and wind will continue to dominate new capacity additions in the US.
Detailed Information
| Author: | ['mbaOP10'] |
|---|---|
| Publication Year: | 2019 |
| Pages: | 29 |
| Language: | English |
| Format: | |
| Price: | FREE |
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