Pennsylvania State Power Market Outlook to 2030 - Market Trends, Regulation and Competitive Landscape
GlobalData's report, ""Pennsylvania State Power Market Outlook to 2030 - Market Trends, Regulation and Competitive Landscape"", gives detailed information on the Pennsylvania power market and provides historical and forecast numbers for generation, capacity and consumption up to 2030. The research analyzes upcoming power projects, regulatory frameworks and infrastructure for the market. This coupled with elaborate profiles of key market participants provides a comprehensive understanding of the market’s competitive scenario.
Pennsylvania’s industrial sector is the state’s leading energy consuming sector, due to the dominance of energy-intensive heavy industries such as aluminum production, chemical manufacturing, glass making, petroleum refining, forest product manufacturing, and steel production. Pennsylvania is one of the top electricity producing states in the US, and the amount of electricity produced exceeds the demand. The state is rich in fossil fuels and is a major coal-producing state, and as such thermal power generation typically accounts for more than 50% of electricity production. In 2010, thermal fuel sources were the highest contributors to the cumulative installed capacity with a combined share of 73.7%, whilst nuclear power made a substantial contribution of 19.2%. Due to the need to reduce greenhouse gas emissions and to have a diversified energy mix to ensure the security of supply, the state government has been actively promoting renewable energy projects. The alternative energy portfolio, adopted by the government in 2004, aims to supply 18.5% of Pennsylvania’s electricity through alternative energy sources by 2020. Wind power, municipal solid waste and landfill gas form the main thrust of renewable energy development in Pennsylvania. The state is already producing a small amount of energy from wind, and is further aiming to generate electricity from this source. Alongside diversifying its energy mix, the state is also focusing on upgrading and building new transmission infrastructure to ensure an efficient and secured supply of electricity. Therefore, with the increase in power supply and a robust network infrastructure, the power industry in Pennsylvania is on the edge for growth over the forecast period 2011-2030.
Statistics for installed capacity, power generation and consumption from 2000 to 2010, forecast forward 20 years to 2030
Break-up by technologies, including thermal, renewable and hydro
Data on key current and upcoming projects
Policy and regulatory framework governing the market, including a review of energy and renewable energy policies
Detailed analysis of top market participant, including market share analysis and SWOT analysis for Exelon Corporation, PPL Corporation, FirstEnergy Corp, GenOn Energy, Inc (RRI Energy, Inc.) and Allegheny Energy, Inc.
Data sourced from proprietary databases and primary interviews with key participants across the value chain
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