THERMAL POWER PLANT MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
Thermal Power Plant Market, By Fuel Type (Coal, Natural Gas, and Others), By Capacity (400 MW, 400-800 MW, and More than 800 MW), By Turbine Type (Simple Cycle, and Combined Cycle), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
In October 2021, American Electric Power agreed to sell its Kentucky businesses, including Kentucky Power and AEP Kentucky Transco, to Liberty, a parent company of Algonquin Power & Utilities Corp's regulated utility subsidiary, for a US$ 2.84 Bn enterprise value
In January 2021, Huaneng announced to add more than 80GW of clean energy power capacity, bringing clean energy to more than half of the company's total installed generation capacity by 2022
In July 2022, a natural gas-fired power plant entered service in Southwest Michigan. The cost of the project was USD 1.1 Bn, and it was built by Kiewit Corporation and features equipment from General Electric.
The Union Cabinet Committee on Economic Affairs (CCEA) approved the proposal for equity investment for two thermal power plants in India on January 18, 2024. The two plants will be set up by subsidiaries of Coal India Limited, with the aim of providing affordable electricity to the people at a reasonable cost.