Government introduced policies will drive US energy transition

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Renewable power held a 19% share of the US’s total power capacity in 2020, according to GlobalData, and this share is expected to increase significantly to 48.4% by 2030. The leading data and analytics company notes that favorable policies introduced by the US government will continue to drive the country’s renewable sector, particularly solar PV and wind power.

According to GlobalData’s report, ‘United States Power Market Outlook to 2030, Update 2021 – Market Trends, Regulations, and Competitive Landscape’, installed renewable capacity*... ... More: Official Press Release GlobalData

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GlobalData, solar, wind, market, USA, capacity, share, renewable energy, supply chain, growth rate, prices, installations, policy, government