United States Power Q1 2019
We maintain our positive outlook for the US power sector, which will register significant growth and offer ample businessopportunities over the coming decade. The non-hydropower renewables industry will be an outperforming segment of the market,thanks to a mix of falling technology costs, strong customer demand and supportive policies in many states. Natural gas-fired powerwill also be a key growth driver in the market, due to the availability of cheap feedstock. Coal and nuclear power plants will strugglein this context, with the potential introduction of direct policy support representing the only upside risk for these segments.
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