NEW YORK, Nov. 10, 2021 /PRNewswire/ -- The U.S. energy transition will continue apace into 2022 with record-levels of wind and solar generation additions expected to come online, according to the newly released 2022 Electric, Natural Gas and Water Utilities Outlook Report from S&P Global Market Intelligence. The report finds that as this build out occurs, utilities and the wider energy industry continue to find ways to finance, build and operate the necessary infrastructure to support these assets and address those that get left behind
Published by S&P Global Market Intelligence's Energy Research team, the report spotlights trends in renewable energy growth, grid transformation, utility regulation and capital expenditure expansion.
"It's going to be a record year for renewable energy development in the U.S. in 2022, with 44 GW of solar and 27 GW of wind power set to be installed alongside more than 8 GW of battery storage," said Richard Sansom, Head of Commodities Research at S&P Global Market Intelligence. "As the momentum of the energy transition continues to build, this report looks at how regulators and utilities are adapting to state and federal carbon reduction policies and dealing with the costs of the assets that get left behind."
Key highlights from the report include:
The S&P Global Market Intelligence 2022 Electric, Natural Gas and Water Utilities Outlook Report is part of a "Big Picture Outlook" series published by the division's research group that provides a look ahead of key strategic trends and opportunities. To learn more about this "Big Picture Outlook" research series, please visit here.
To request a copy of the report, please contact [email protected].
S&P Global Market Intelligence's Energy Research team offers comprehensive coverage on U.S. power, gas and water utilities as well 20-year price projections for wholesale power and coal markets. The Energy offering complements S&P Global Market Intelligence's broad universe of research sector coverage including enterprise technology, financial institutions, metals & mining and TMT (Technology, Media and Telecom).
S&P Global Market Intelligence's opinions, quotes, and credit-related and other analyses are statements of opinion as of the date they are expressed and not statements of fact or recommendation to purchase, hold, or sell any securities or to make any investment decisions, and do not address the suitability of any security.
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SOURCE S&P Global Market Intelligence
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