Since we published our last Energy Transition Outlook North America in 2023, consumers have sent a clear market signal that they want affordable, reliable energy. Driving this change in sentiment is a shift in US policy and trade, geopolitical tensions, ongoing supply chain bottlenecks, and the rapid expansion of energy-intensive industries.  

Download the Energy Transition Outlook for North America to learn more about:

• Policy changes in 2025 will prolong the use of fossil fuels in the North American energy system
• Despite short-term policy decisions, solar and wind will expand from 19% of electricity generation today to 55% by 2040
• Natural gas will have staying power in demand sectors, including electricity generation and building heating. Exports will remain at current levels until they start to decline in 2040
• Continued use of fossil fuels delays decarbonization by five to eight years
• Retail electricity prices are likely to increase by 22% before inflation in the next ten years.

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