North American power markets outlook

As part of its commitment to domestic energy production and clean power, the Inflation Reduction Act will continue to guarantee federal tax credits until at least 2050, in our view. While this brings long term federal support, our latest outlook reveals that the decarbonisation of North America is not going to be plain sailing.

Fill in the form to download an extract of our investment horizon outlook, which examines the future evolution of power markets to 2050, in a decarbonization scenario where interconnection and transmission bottlenecks continue to persist.

Key topics include:

• Natural gas price will continue to drive all power prices, due to increased gas demand for power generation
• Clean generation will continue to grow, but hampered by queue and transmission bottlenecks
• Power, Renewable Energy Credit (REC) and capacity prices all set to increase