Thermal Power Plant Market to Hit $1,949.57 billion by 2031, at a CAGR of 3.5%, says Coherent Market Insights [Yahoo! Finance]
American Electric Power Company, Inc. (AEP)
Last american electric power company, inc. earnings: 2/20 06:57 am
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Source: Yahoo! Finance
to reach US$ 1,949.57 Billion by 2031, growing at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Increasing demand creates opportunities for investments in capacity addition through new coal and gas-based thermal power plants. In addition, integration of technologies like supercritical and ultra-supercritical technologies is helping boost the efficiency and output of newer generation plants, thereby promoting their adoption. Market Dynamics: The thermal power plant market is primarily driven by the rising demand for electricity around the world. According to the International Energy Agency, global electricity demand is expected to rise by close to 80% between 2018 and 2040, with the majority of new demand originating from regions where coal and natural gas continue to play an important role. However, factors such as implementation of stringent emission norms and growing adoption of renewable ene
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AEP
News
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AEP
Earnings
- 4/30/24 - Miss
AEP
Sec Filings
- 6/26/24 - Form 8-K
- 6/26/24 - Form 11-K
- 6/20/24 - Form 8-K
- AEP's page on the SEC website