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1、CHALLENGES AND OPPORTUNITIES IN THE US RENEWABLE ENERGY SECTORA great deal.Better.CHALLENGES AND OPPORTUNITIES IN THE US RENEWABLE ENERGY SECTOR2TABLE OF CONTENTSIntroduction1:Capacity2:Sectoral Shifts3:Policy landscape4:Mergers and acquisitionsConclusions461014182041.“The United States Power Market
2、:Outlook to 2035,”GlobalData report,January 2024.INTRODUCTIONThe energy transition is advancing across the globe;the US is one of its standard bearers.This report examines the technological,regulatory and commercial forces that are driving the worlds largest economy towards a greener future.In 2010,
3、5%of power in the USA grid came from renewable sources defined as the total of photovoltaic solar,thermal solar,wind,geothermal,small hydro and biopower.In 2035,this figure will hit 50%.1 While a small number of big hitters will battle it out to spearhead the energy transition in the coming decades
4、alongside the US,China,Germany,India and Australia are expected to account for nearly three-quarters of all renewable capacity added between 2022 and 2035 there is little doubt the US will play a leading role.A confluence of technological,regulatory and commercial forces means that,even amid geopoli
5、tical and economic instability,Americas renewable energy market remains one of the worlds most vibrant.This report puts the trends dominating US renewables under a microscope.It begins by examining overall capacity,drawing on the latest research to map the changing trajectory of American energy.It t
6、hen looks at the rapid evolution of those sectors most responsive to the rise of renewables,including hydrogen energy,electric vehicles and battery storage.An assessment of the political environment follows,evaluating support structures that have been put in place for the energy transition and their