Gitnux/Report 2026

Electricity Generation Industry Statistics

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Electricity Generation Industry Statistics
Samuel NorbergWritten by Samuel Norberg·Fact-checked by Maya Johansson
Published
How this report is researched
01Editorial Scope

An editor sets the topic, the inclusion criteria, and the evaluation framework before research starts.

02Source Research

AI search agents locate sources and extract each figure together with the document it came from.

Read our full methodology →

Search agents attach provenance to every extracted figure.

Next review: within 31 days

01 Industry overview

The electricity generation industry at a glance

Global electricity generation expanded by more than 850 TWh in 2025, while renewables and nuclear supplied 43% of generation and renewables nearly matched coal for the first time.

28,600 TWh[1]
Global electricity demand, 2025
43%[1]
Low-emissions generation share, 2025
600 TWh[1]
Solar generation increase, 2025
$216B[71]
Power and utilities M&A, 2026
Market size
Global electricity demand reached 28,600 TWh in 2025, according to the IEA. The broader electricity-generation market increased by more than 850 TWh during 2025.[1]
Forecast & CAGR
Global electricity demand is forecast to grow at close to 4% annually through 2027, adding about 3,500 TWh over the 2025-2027 period. The IEA forecasts global electricity consumption of 33,600 TWh in 2030, up from 28,200 TWh in 2025, equivalent to approximately 3.6% average annual growth over 2025-2030.[1]
Market share & regions
In 2025, renewables supplied 36% of electricity in advanced economies and 32% across emerging market and developing economies. Coal remained dominant in China at 55% and India at 71%, while renewables and nuclear together supplied more than half of generation in advanced economies.[1]
Segmentation
The global generation mix in 2025 consisted of renewables at 34%, coal at 34%, natural gas at 21%, and nuclear within the 43% low-emissions total alongside renewables. Wind and solar together accounted for 17% of global generation, while solar PV alone produced nearly 2,700 TWh.[1]
Trends, drivers & challenges
Electricity demand grew around 3% in 2025, driven by industry, buildings, electric vehicles, data centres and cooling. Data centres accounted for about 50% of US electricity-demand growth, while grid constraints, multiyear turbine lead times and weaker wind and hydropower conditions remained important challenges.[1][71]
Consumer behavior & competition
Demand from electric vehicles rose 38% in 2025 and data-centre demand rose 17%, although industry, household appliances and commercial buildings remained the largest sources of global demand growth. Competition is increasingly focused on securing reliable, dispatchable and low-carbon power for large loads.[1][71]
M&A
Announced US power and utilities M&A reached $216 billion across 23 transactions in the six months ended May 2026, up 173% from $79 billion in the comparable 2025 period. Major announced transactions included NextEra Energy's $67 billion acquisition of Dominion Energy and BlackRock GIP and EQT's $49.6 billion acquisition of AES.[71]
Latest news
The latest IEA assessment reports that global renewables and nuclear generation exceeded total electricity-supply growth in 2025, while coal-fired generation fell about 0.5%. Renewables are expected to become the largest global electricity source in 2026, overtaking coal.[1]

02 Ranking

Top 10 Companies in the Electricity Generation Industry

The leading companies in the electricity generation industry, ranked on market impact, performance, momentum, innovation and brand popularity.

Updated November 11, 2026 · Next review December 11, 2026

Verdict

NextEra Energy leads Gitnux's 2026 electricity generation ranking with an Overall score of 9.1, with revenue growth 10.7% and operating margin 30.2%. NTPC is the highest-ranked electricity generator at 9.0, driven by 438.68 billion units generated and nearly one-quarter of India’s electricity in FY2025.

Ranked by Overall score · How we score ↓

Editor's top 3 picks

Where to start, by need.

  1. #1 Overall · Leader in utility and renewables

    NextEra Energy

    US

    Ranked #1 · 9.1 · Utility and renewables

    Why we picked it: U.S. utility and renewables generation backed by 10.7% revenue growth and 30.2% operating margin.

    See in ranking ↓Visit nexteraenergy.com ↗

  2. Leader in integrated power

    NTPC

    IN

    Ranked #2 · 9.0 · Integrated power producer

    Why we picked it: Coal, gas, hydro and renewables generation at national scale: 438.68 billion units and nearly one-quarter in FY2025.

    See in ranking ↓Visit ntpc.co.in ↗

  3. Leader in nuclear and low-carbon

    EDF

    FR

    Ranked #3 · 8.9 · Nuclear and low-carbon

    Why we picked it: Nuclear, hydro and renewables scale with 118.2 GW capacity and 95% low-carbon output in 2025.

    See in ranking ↓Visit edf.fr ↗

Pick 1 is the #1 company overall. Picks 2 and 3 are the highest-ranked companies in the top 5 that add a new segment.

Full ranking

Sort by
Top 10 companies in the electricity generation industry, 2026 – Gitnux ranking
#CompanyOverall ↓Company snapshot
1

NextEra Energy

Utility and renewables · US

9.1
2

NTPC

Integrated power producer · IN

9.0
3

EDF

Nuclear and low-carbon · FR

8.9
4

Southern Company

Regulated utility generation · US

8.9
5

PSEG

Regulated utility generation · US

8.8
6

ENGIE

Renewable, thermal and storage generation worldwide · FR

8.8
7

Enel

Renewable, thermal and nuclear generation across 14 countries · IT

8.8
8

Iberdrola

Renewable generation and storage across 14 countries · ES

8.6
9

KEPCO

Integrated Korean electricity generation and power utility · KR

8.6
10

Duke Energy

Regulated utility generation in the United States · US

8.1

How we score

  • Impact (30%): scale and weight in the market (revenue, market share, employees, market position).
  • Performance (20%): recent revenue growth and operating margin; an analyst assessment where a company does not publish them.
  • Momentum (20%): growth trajectory and future potential.
  • Innovation (15%): R&D intensity and how technologically advanced the company is.

Popularity (brand search demand, 15%) counts toward Overall but is not published as a column. Overall leaves out what is not known.

Scale Scores are shown on a 7–10 scale with one decimal; bars start at 7.0.

Cadence Recalculated when new figures are published; next review December 11, 2026.

Independence. Rankings are editorially independent. Scores, ranks, picks and the verdict follow the method above; no company can pay to change them.

Cite this ranking

APA

Samuel Norberg. (2026, November 11). Top 10 companies in the electricity generation industry. In Electricity Generation Industry Statistics. Gitnux. https://gitnux.org/electricity-generation-industry-statistics/#top-companies

report visual · Projection

Gross electricity production (European Union)

Gross electricity production grew from 2.8M GWh in 2020 to 2.9M GWh in 2025.

2.8M GWh
Start
+0.45%
CAGR · 5y
2.9M GWh
Projected
20202025
source-verifiedec.europa.eu2025

04 Statistics

Technology & Innovation

Onsite capacity planning is tightening for variable AI loads, with a 30%–70% onsite gas-fired capacity requirement versus critical data-centre demand.

AI in the electricity generation industry

  • 30%–70% more onsite gas-fired generation capacity may be required than critical data-centre demand when serving variable AI loads reliably, globally, in 2025.[1]
  • 45% of global data-centre electricity consumption came from the United States, where AI-related demand is concentrated, in 2024.[1]
  • 6-fold growth in new patents integrating artificial intelligence into electricity grids was recorded in recent years, globally, through 2023.[1]

Automation in the electricity generation industry

  • 49% fewer electric utility coal-fired plants operated in the United States in 2024 than in 2014, reflecting technology and workforce changes in generation.[2]
  • 24% was the decline in U.S. nonfossil-fuel electric-power-generation employment between 2000 and 2025, alongside changing technology and plant operations.[2]

Digital Transformation in the utilities and renewable energy sector (sector benchmark)

  • 84% of energy and utilities organizations were investing in digital modernization in 2026, while 20% had begun reorganizing engineering operations.[3]
  • 100% of utilities globally had initiated digital transformation, while 20% had completed it, according to a global survey conducted in 2024.[4]
  • 73% of power and utilities companies said their organizational culture impeded digital-technology adoption in a global survey conducted in late 2024.[5]
  • 92% of energy companies planned digital technology investments, while 27% were retraining and reskilling existing employees, according to a 2024 survey.[5]

Technology Adoption in the utilities and renewable energy sector (sector benchmark)

  • 78% of power and utilities organizations were using advanced analytics in 2024, according to EY’s global Future of Energy Survey.[5]
  • 79% of power and utilities organizations were using cyber-threat monitoring and intelligence platforms covering IT and operational technology in 2024.[5]
  • 73% of power and utilities organizations were using artificial intelligence, generative AI or machine learning in 2024, based on a global industry survey.[5]
  • 62% of power and utilities organizations were using robotic process automation in 2024, according to a global survey of industry executives and employees.[5]

Cloud Computing in the utilities and renewable energy sector (sector benchmark)

  • 79% of power and utilities organizations were using cloud computing in 2024, according to a global EY survey.[5]
  • 32% of power and utilities organizations using cloud computing planned improvements or new uses during the following five years in 2024.[5]
  • 41% of energy companies allowed any department head or IT manager to deploy new cloud infrastructure, software or applications in an Infosys study.[6]
  • 45% of energy companies used only the cloud capacity and functions they had committed to, according to an Infosys industry study published in 2024.[6]
  • 63% of power and utilities organizations were using cloud computing while developing improvements or new applications in 2024.[5]

Big Data in the utilities and renewable energy sector (sector benchmark)

  • 41% of utilities said advanced-metering-infrastructure data was fully embedded and scalable across daily workflows in 2026.[7]
  • 25% of utilities reported extensive use of analytics for business intelligence and billing or revenue analysis in a survey of 190 organizations.[8]
  • 78% of power and utilities organizations were using advanced analytics in 2024, a sector-specific proxy for big-data adoption in EY’s global survey.[5]
  • 20% of electric utilities had already implemented big-data analytics, while 32% were implementing it, in a survey covering 10 countries.[9]
  • 86% of utilities used advanced-metering-infrastructure data enterprise-wide or in specific workflows in 2026, according to a global utility executive survey.[7]

Blockchain in the electricity generation industry

  • 5 U.S. cryptocurrency-mining facilities were linked to listed power-generating plants in the EIA generator database, with combined generation rising sharply after miners established operations from 2021.[10]
  • 138 TWh was the estimated annual electricity consumption of Bitcoin mining worldwide as of June 2024, illustrating blockchain-related demand on electricity systems.[11]

IoT in the utilities and renewable energy sector (sector benchmark)

  • 33% of utilities respondents had deployed IoT projects for vehicle tracking in 2024, according to Viasat’s industry survey.[12]
  • 34% of utilities respondents had deployed IoT projects for energy generation in 2024, the highest deployment category in Viasat’s survey.[12]
  • 55% of utilities respondents had a formal IoT strategy in 2024, up from 48% in 2021, according to Viasat’s global sector survey.[12]
  • 75% of power and utilities organizations were using Internet of Things technologies in 2024, according to a global EY survey.[5]
  • 80% of power and utilities organizations surveyed were IoT adopters, and 75% had at least one project reaching the use stage.[13]

05 Statistics

Data & Analytics

Data governance and monitoring are moving from adoption to operational fit, with 10% of global electricity consumption covered by open electricity-data policies in 2026.

Business intelligence in the electricity generation industry

  • 92 utilities in 36 countries were assessed in the 2024 Smart Grid Index, including data analytics and customer-facing services.[1]
  • 30–70% more onsite generation infrastructure may be required than demand when serving critical, variable data-centre loads with gas-fired generation.[1]
  • 50% was the approximate share of global electricity generation that low-emissions sources could provide by 2030.[1]
  • Around 3% was global electricity-demand growth in 2025, increasing the need for operational intelligence in generation businesses.[1]
  • Two to seven times is the projected range for growth in short-term flexibility needs by 2035 across regions in the IEA scenario.[1]
  • 10% of global electricity consumption was covered by open electricity-data policies in 2026.[1]

Data analytics in the electricity generation industry

  • Less than half of global energy demand was covered by policy frameworks promoting AI uptake in the energy sector in 2026.[1]
  • $20 billion per year was the IEA’s estimated average saving from a 5% digitalisation-related reduction in power-sector O&M costs through 2040.[1]
  • 5% lower annual power-generation costs could result from broad deployment of available digital technologies across global power plants and networks.[1]
  • Seven dimensions are used in the 2024 Smart Grid Index, including monitoring, analytics, reliability, DER integration, renewables and EVs, cybersecurity and customer services.[1]

Data Quality in the utilities and renewable energy sector (sector benchmark)

  • Across electric utilities surveyed, 77% reported no erosion in data quality over time.[14]
  • Across water utilities, 19% of respondents rated asset characteristics information as very good in 2026.[15]
  • Across water utilities, 7% of respondents rated asset information in EAM or CMMS as very good in 2026.[15]
  • Across water utilities, 10% of respondents rated asset condition and performance information as very good in 2026.[15]
  • Across electric utilities surveyed, 69% reported user confidence in data accuracy, compared with 77% for completeness.[14]
  • Across water utilities, 8% of respondents rated asset O&M cost information as very good in 2026.[15]

Data Governance in the utilities and renewable energy sector (sector benchmark)

  • Across utilities surveyed, 50% estimated they were still three to five years away from enterprise-level data governance in 2020.[16]
  • Across utilities surveyed, 6% reported fully traceable data from original source to decision-making or business processes in 2020.[16]
  • Across utilities surveyed, 9% had fully implemented an enterprise-wide data-governance program in 2020.[16]
  • Across power and utility executives surveyed, 57% assessed data-governance maturity as developing or initial in 2021; none reported advanced practices.[5]
  • Across energy and utilities organizations, 65% reported that all or nearly all of their data was governed in 2026.[17]
  • Across utilities surveyed, 56% had some form of inventory covering data sources and data-quality, integration, and analytics tools in 2020.[16]

KPIs in the electricity generation industry

  • 43.7% of total U.S. electricity generation came from natural gas in 2024.[18]
  • 22.1% was the 2024 capacity factor for U.S. photovoltaic generators in California.[10]
  • 81.9% was PJM’s aggregate equivalent availability factor in 2025.[19]
  • 2.6% was U.S. retail electricity-sales growth from 2023 to 2024.[10]
  • 17.0% of total U.S. electricity generation came from non-hydropower renewables in 2024.[18]
  • 3.0% was the increase in the average U.S. residential retail electricity price from 2023 to 2024.[10]

06 Statistics

Strategy & Growth

Solar stays the fastest-growing source and keeps widening the renewables capacity base, with solar PV generation up 480 TWh globally in 2024.

Growth in the electricity generation industry

  • Annual renewable capacity additions increased by almost 30% year on year to about 550 GW of solar PV in 2024.[1]
  • Low-emissions electricity sources are projected to reach 50% of global generation by 2030, up from 42% in 2025.[1]
  • Solar PV is expected to account for more than three-quarters of renewable capacity growth from 2026 to 2031.[1]
  • Wind generation increased by about 180 TWh globally in 2024.[1]
  • Solar PV generation increased by about 480 TWh globally in 2024.[1]
  • Global solar PV capacity reached an estimated 2.2 TW in 2024.[1]

Differentiation in the electricity generation industry

  • Natural gas supplied over 40% of US electricity generation in 2024, compared with 18% from nuclear power.[1]
  • Hydropower additions more than doubled to over 25 GW in 2024.[1]
  • Nuclear power supplied 9% of global electricity generation in 2024.[1]
  • Wind supplied 8% of global electricity generation in 2024.[1]
  • Solar PV accounted for 7% of global electricity generation in 2024, distinguishing it as the fastest-growing major generation source.[1]
  • Coal remained the largest global electricity source in 2024, supplying 35% of generation.[1]

Mergers and acquisitions in the electricity generation industry

  • Constellation’s acquisition of Calpine was valued at $29 billion in 2025.[20]
  • US power-and-utilities announced transactions reached nearly $142 billion across 157 deals in 2025.[20]
  • Natural gas represented more than 40% of US power-sector capacity transacted in 2025.[20]
  • Renewables represented more than half of total US power-sector megawatts traded in 2025.[20]
  • Eight US power portfolio deals involving at least 1 GW and more than 10 plants accounted for 113 GW in 2025.[20]
  • More than 144 GW, or 10% of US nameplate capacity, changed hands through power-sector deals in 2025.[20]

Strategic partnerships in the electricity generation industry

  • Ørsted reported supplier workshops and industry collaborations, including DecomBlades, as partnership activities in 2024.[21]
  • Three offshore-wind projects totaling 2,678 MW were selected in a 2024 multi-state solicitation involving Massachusetts, Rhode Island and Connecticut utilities.[22]
  • Ørsted reported investments in test pilots and early offtake agreements for low-carbon solutions as supplier-engagement outcomes in 2024.[21]
  • Xcel Energy engaged 119 suppliers through sustainability assessments, benchmarking data and supplier training events in 2024.[23]
  • Enel reported 68% of net financial debt as sustainable financing in 2024, supporting partnerships and investment in sustainable generation.[24]
  • Ørsted identified streamlined supplier expectations and supplier improvement plans as outcomes of its 2024 engagement programme.[21]

07 Statistics

People & Workforce

Workforce constraints remain a practical execution limiter, with 36% of U.S. generation construction employers citing insufficient experience, training or technical skills.

Hiring in the electricity generation industry

  • 900,000 electric-power-generation workers were employed in the United States in 2023, after the sector added 35,600 jobs, or 4.0%.[25]
  • 5,715 land-based wind electric-power-generation jobs were added in the United States in 2023, a 4.6% increase.[25]
  • 1,600+ employees were hired by Consolidated Edison in 2024, its largest annual hiring effort since 1973.[20]
  • 79% of net new U.S. electric-power-generation employment in 2023 came from clean-energy technologies.[25]
  • 36% of U.S. electric-power-generation construction employers cited insufficient experience, training or technical skills as a leading hiring difficulty in 2023.[25]

Employee retention in the electricity generation industry

  • 2.4%–21.1% was the full reported range of employee-turnover rates among 31 electric-utilities and power-generators companies in fiscal 2025.[26]
  • 19.3% of CenterPoint Energy’s employee population was retirement-eligible at December 31, 2022.[22]
  • 18.2% of CenterPoint Energy’s employee population was retirement-eligible at December 31, 2024.[22]
  • 5.7%–11.8% was the middle-half range of reported employee-turnover rates among 31 electric-utilities and power-generators companies in fiscal 2025.[26]
  • 18.7% of CenterPoint Energy’s employee population was retirement-eligible at December 31, 2023.[22]

Remote Work in the utilities and renewable energy sector (sector benchmark)

  • U.S. utilities employees worked 31.42% of paid days from home in 2024.[27]
  • U.S. utilities employees worked 22.32% of paid days from home in 2026.[27]
  • Among U.S. utility employers recruiting new graduates, 9.3% of positions were fully remote in 2024.[28]
  • Across U.S. utilities, 18.2% of employees worked fully remotely in November 2024.[29]

Hybrid Work in the utilities and renewable energy sector (sector benchmark)

  • Across U.S. utilities, 32.5% of employees worked in hybrid arrangements in November 2024.[29]
  • U.S. utilities had 28% of full-time employees in hybrid arrangements during September–December 2024.[30]
  • Across U.S. utilities, 51% of full-time employees worked either hybrid or fully from home during September–December 2024.[30]
  • Among U.S. utility employers recruiting new graduates, 43.4% of positions were fully hybrid in 2024.[28]

Upskilling in the electricity generation industry

  • 44% of U.S. electric-power-generation other-services employers cited lack of experience, training or technical skills as a hiring difficulty in 2023.[25]
  • 25% of U.S. electric-power-generation utilities cited lack of experience, training or technical skills as a hiring difficulty in 2023.[25]
  • 2.6 billion dollars per year would be required globally to expand energy-training capacity to meet projected workforce needs, according to the IEA.[1]
  • 7.3 million power-sector workers were involved in construction and installation of power plants, dams, grids, batteries and auxiliary systems in 2024.[31]
  • 4% was the year-on-year increase in global power-sector employment in 2024, adding pressure for expanded technical training capacity.[31]

Employee Engagement in the utilities and renewable energy sector (sector benchmark)

  • Across U.S. utilities, 70% of employees were engaged in the July 2025–June 2026 benchmark period.[32]
  • Among U.S. energy and utility organizations, 54% reported that frontline disengagement affected productivity in 2023.[33]
  • At Southern California Edison, 82% of employees gave a favorable overall engagement response in 2022.[34]
  • Among frontline energy and utilities workers, 57% said workplace communication tools were designed for desk workers rather than them in 2025.[35]

DEI in the electricity generation industry

  • 9% of the U.S. electric-power-generation workforce were veterans in 2024.[25]
  • 29% of the U.S. electric-power-generation workforce were aged 18–29 in 2024.[25]
  • 31% of the U.S. electric-power-generation workforce were women in 2023.[25]

08 Statistics

Customer & Sales

Customer-facing operations increasingly rely on digital reliability and service quality benchmarks such as 74 points for U.S. customer satisfaction (2023–2024).

Customer experience in the electricity generation industry

  • 27% of the 44 largest U.S. electric, gas and water utilities evaluated in 2024 did not offer a mobile app.[36]
  • 82 points was the 2023–2024 U.S. electricity-utility benchmark for mobile-app reliability, out of 100.[37]
  • 82 points was the 2023–2024 U.S. electricity-utility benchmark for mobile-app quality, out of 100.[37]
  • 82 points was the 2023–2024 U.S. electricity-utility benchmark for reliable electric service, out of 100.[37]
  • 74 points was the 2023–2024 U.S. electricity-utility customer-satisfaction score, out of 100.[37]

Customer retention in the electricity generation industry

  • 91% of utility promoters said they would purchase more from the utility in the 2020 U.S. consumer study.[38]
  • 58% of utility-passive customers said they would purchase more from the utility in the 2020 U.S. consumer study.[38]
  • 4 times as many utility promoters as detractors said they would purchase more from their utility in the 2020 U.S. consumer study.[38]
  • 66% of global public-utility customers said they would purchase more from their utility in 2025.[38]
  • 66% of global public-utility customers reported satisfaction with their utility in 2022.[38]

Customer acquisition in the electricity generation industry

  • 117% was the increase in electronic-billing registrations generated by FirstEnergy’s digital-targeted campaign.[39]
  • 2.31% was the click-through rate for BGE’s 2024 Smart Thermostat Program campaign on Nextdoor.[40]
  • 282,837 conversions were recorded in the 2025 utility customer campaign, up from 159,952 in 2024.[41]
  • 13.4% was the engagement rate for BGE’s 2024 Smart Thermostat Program campaign on Nextdoor.[40]
  • 1.89% of Baltimore-area members converted in BGE’s 2024 Smart Thermostat Program campaign on Nextdoor.[40]

Customer loyalty in the electricity generation industry

  • 62% of global public-utility customers said they would recommend their utility in 2025.[38]
  • 71% of global public-utility customers said they trusted their utility in 2025.[38]
  • 49% of utility-passive customers said they trusted their utility in the 2020 U.S. consumer study.[38]
  • +87.8 was MGED’s 2025 Net Promoter Score among surveyed customers.[42]
  • 15.1% of California homeowners in a 2022 study said they trusted or strongly trusted their electric utility.[43]

Lead generation in the electricity generation industry

  • 76.91% was the 2024 engagement rate for the utility customer campaign that reached 80.73% in 2025.[41]
  • 80.73% was the 2025 engagement rate for the utility customer campaign.[41]
  • Over 15 million impressions were delivered by the 2025 utility customer campaign.[41]
  • 42% higher click-through rates were achieved by BGE’s Nextdoor campaign than its campaign average.[40]
  • 84.2% was the year-over-year increase in page views for the 2025 utility customer campaign.[41]

09 Statistics

Marketing & Brand

Utility communications increasingly show digital contact penetration, with 56% of U.S. business electricity customers receiving digital contact in 2024.

Marketing in the electricity generation industry

  • 56% of U.S. business electricity customers said they received digital contact from their utility in 2024.[36]
  • 54% of U.S. utility customers said they had received personalized information about energy or water consumption in 2024.[36]
  • 49% of U.S. business electricity customers said their utility worked with them to lower rates in 2024.[36]
  • 27% of U.S. business electricity customers said they received proactive outreach from their utility in 2024.[36]
  • 37 points was the 2024 year-over-year increase in business-electricity customer satisfaction attributed to communication improvements.[36]

Digital marketing in the electricity generation industry

  • 1.89% was BGE’s conversion rate for its 2024 Smart Thermostat Program campaign on Nextdoor.[40]
  • 56% of U.S. business electricity customers received digital contact from their utility in 2024.[36]
  • 2.31% was BGE’s click-through rate for its 2024 Smart Thermostat Program campaign on Nextdoor.[40]
  • 17% of U.S. utility customers used mobile apps as their primary contact channel in 2024.[36]
  • 35% of U.S. utility customers used websites as their primary contact channel in 2024, up from 15% seven years earlier.[36]

Branding in the electricity generation industry

  • 399 points was the satisfaction advantage for U.S. utility customers reporting positive rather than negative brand appeal in 2025.[36]
  • 694 points was the 2025 U.S. electric-utility brand-appeal score, out of 1,000.[36]
  • 724 points was the 2025 U.S. electric-utility customer-trust score, out of 1,000.[36]
  • 1 point was the decline in the 2025 U.S. electric-utility brand-appeal score from 2024.[36]

Social media in the electricity generation industry

  • 2,970,830 people were reached by a 2025 utility campaign using Meta, email and direct mail, including social-media placements.[41]
  • 13.4% was BGE’s engagement rate for its 2024 Smart Thermostat Program campaign on Nextdoor.[40]
  • 15 million-plus impressions were generated by a 2025 utility campaign using Meta, email and direct mail, including social-media placements.[41]
  • 787,283 link clicks were generated by a 2025 utility campaign using Meta, email and direct mail, including social-media placements.[41]
  • 22% lower cost per conversion was achieved by BGE’s Nextdoor campaign.[40]

Influencer Marketing in the utilities and renewable energy sector (sector benchmark)

  • Across B2B companies, 76% of marketing leaders believed creator collaborations build brand authenticity in 2025.[44]
  • Across B2B companies, authenticity and credibility were the top influencer-selection criteria for 58% of marketers in 2025.[44]
  • Across B2B companies, 28% of marketers ranked thought leaders or industry analysts as the most effective influencer type in 2025.[44]
  • Across B2B companies, 55% were using influencers in 2025, while another 29% planned to adopt influencer marketing within the following year.[44]
  • Across B2B companies, influencer marketing was associated with a 39-percentage-point advantage in brand-awareness goal attainment in 2025.[44]

10 Statistics

Operations & Execution

Generation reliability and outage performance are tightly quantified, including NERC-reported weighted equivalent forced-outage rate of 9.2% for conventional generation in North America in 2025.

Process optimization in the electricity generation industry

  • 17.4% was the global utility-scale solar photovoltaic capacity factor in 2024, up from 15% in 2010 as tracking and module technologies improved.[45]
  • 91% of newly commissioned utility-scale renewable capacity in 2024 generated electricity at a lower cost than the cheapest newly installed fossil-fuel alternative globally.[45]
  • 10% of solar photovoltaic total installed-cost reductions from 2010 to 2024 came from lower operations and maintenance costs, improved financing and larger project scale globally.[45]
  • 60% of solar photovoltaic total installed-cost reductions from 2010 to 2024 came from module and inverter advances globally.[45]
  • 30% of solar photovoltaic total installed-cost reductions from 2010 to 2024 came from balance-of-system components, including mounting, racking and EPC improvements globally.[45]

Operational efficiency in the electricity generation industry

  • 41.9% was California’s 2024 natural-gas combined-cycle capacity factor in the United States.[10]
  • 92.9% was Alabama’s 2024 nuclear-generator capacity factor in the United States.[10]
  • 52.5% was California’s 2024 coal-generator capacity factor in the United States.[10]
  • 4.20% was PJM’s 13-month average forced generation-outage rate through December 2024, representing 8,290 MW of average outage capacity.[46]
  • 55.4% was Arizona’s 2024 natural-gas combined-cycle capacity factor in the United States.[10]

Quality management in the electricity generation industry

  • 9.2% was the weighted equivalent forced-outage rate for conventional generation in North America in 2025, according to NERC’s reliability overview.[47]
  • 4.20% was PJM’s 13-month average forced generation-outage rate through December 2024.[46]
  • 100% of the reported EGAT availability-factor calculation is based on hours during which generating plants were available divided by total reporting-period hours.[48]
  • 12.7 hours was the median duration of full outage events for gas-fired generators in New York analyzed for 2013–2022.[49]
  • 18 to 24 months is the typical U.S. nuclear-reactor operating interval between refueling outages.[10]

Supply chain in the electricity generation industry

  • USD 25 billion was Japan’s Green Transformation programme funding for critical-material and battery supply-chain resilience from 2022 to 2025.[1]
  • 90% of global solar photovoltaic module shipments used bifacial modules in 2024.[45]
  • 21.7% to 23.8% was the global solar-module efficiency range in 2024.[45]
  • USD 192 per kilowatt-hour was the global battery-storage cost in 2024, down from USD 2,571 per kilowatt-hour in 2010.[45]
  • USD 691 per kilowatt was the global weighted-average total installed cost for solar photovoltaic projects in 2024.[45]

Outsourcing / Offshoring in the utilities and renewable energy sector (sector benchmark)

  • 68.4% of U.S. utilities surveyed outsourced bill printing in 2026, based on responses from 95 utilities across 18 states.[50]
  • 54% of U.S. solar companies surveyed outsourced most solar maintenance in 2025, compared with 60% in Germany and 48% in the United Kingdom.[51]
  • Approximately 45% of electric transmission, distribution and gas distribution work was outsourced in 2024, projected to exceed 50% over the following five years.[52]
  • 55% of surveyed solar OEMs, technicians and installers across the United States, United Kingdom, Germany and Spain outsourced most solar maintenance in 2025.[51]
  • 88% of power and utilities executives surveyed planned to rely more on vendors and contractors than previously, in a 2025 global energy survey.[5]

11 Statistics

Finance & Pricing

Wholesale pricing volatility remains measurable, including 12% of the time with zero or negative prices in Australia’s NEM in Q1 2023.

Pricing strategy in the electricity generation industry

  • 12% of the time, wholesale prices in Australia’s National Electricity Market were zero or negative in the first quarter of 2023.[31]
  • USD 85 per megawatt-hour was the average wholesale electricity price in Germany in 2024.[1]
  • 3% was the increase in Lower-48 U.S. electricity generation in 2024, adding 121.2 billion kilowatt-hours and influencing wholesale-market pricing.[10]
  • £65 per megawatt-hour was the UK Contract for Difference strike price for solar projects in the most recent auction round for projects starting before 2030.[53]
  • USD 80 per megawatt-hour was the average wholesale electricity price in Victoria, Australia, in 2024.[1]

Cost reduction in the electricity generation industry

  • 53% was the reduction in global onshore-wind LCOE relative to fossil-fuel generation by 2024, reaching USD 0.034 per kilowatt-hour.[45]
  • 46% was the year-on-year decline in concentrating-solar-power LCOE in 2024.[45]
  • 90% was the decline in global weighted-average solar-photovoltaic LCOE between 2010 and 2024, reaching USD 44 per megawatt-hour.[45]
  • 41% was the reduction in global solar-photovoltaic LCOE relative to fossil-fuel generation by 2024, reaching USD 0.043 per kilowatt-hour.[45]
  • 2% was the year-on-year decline in hydropower LCOE in 2024.[45]

Profitability in the electricity generation industry

  • USD 0.043 per kilowatt-hour was the global weighted-average LCOE of new utility-scale solar photovoltaic generation in 2024.[45]
  • USD 0.057 per kilowatt-hour was the global weighted-average LCOE of new utility-scale hydropower in 2024.[45]
  • USD 467 billion was the estimated global fossil-fuel cost avoided by renewable generation in 2024.[45]
  • USD 0.060 per kilowatt-hour was the global weighted-average LCOE of new utility-scale geothermal generation in 2024.[45]
  • USD 0.087 per kilowatt-hour was the global weighted-average LCOE of new bioenergy generation in 2024.[45]

Financial planning in the electricity generation industry

  • 18% was the forecast average share of U.S. electricity generation from nuclear power in 2026 and 2027.[10]
  • 40% was the forecast average share of U.S. electricity generation from natural gas in 2026 and 2027.[10]
  • USD 9.4 billion was the value of U.S. advanced-manufacturing investment and production tax credits introduced since 2022.[1]
  • USD 861 per kilowatt was the expected global onshore-wind total installed cost over the next five years.[45]
  • USD 2,316 per kilowatt was the expected global offshore-wind total installed cost over the next five years.[45]

12 Statistics

Product & Service

Battery economics show rapid cost compression in published series, with global battery-storage cost at USD 192 per kilowatt-hour in 2024.

Product development in the electricity generation industry

  • $27 billion of venture capital was invested in energy-technology start-ups globally in 2025.[1]
  • 1% was the growth rate of corporate energy R&D in 2024, the slowest annual growth since 2015 apart from 2020.[1]
  • $55 billion was estimated for global public energy R&D in 2025, including electricity grids, nuclear, renewables and other low-emissions technologies.[1]
  • 585 GW of renewable power capacity was added globally in 2024, creating the largest annual expansion on record.[45]
  • More than 150 energy-innovation developments from 45 countries were catalogued in the IEA’s 2025 assessment.[1]

Product lifecycle in the electricity generation industry

  • 25–35 years is the typical design lifetime for onshore wind generation assets.[1]
  • 30–40 years is the typical design lifetime for gas-fired generation plants.[1]
  • 60–80 years is the typical design lifetime for nuclear power plants.[1]
  • 25–35 years is the typical design lifetime for offshore wind generation assets.[1]
  • 19 years was the average age of the global gas-fired power-plant fleet in the IEA’s assessment.[1]

After-sales in the electricity generation industry

  • 5% lower O&M costs through digitalisation could save power companies and consumers almost $20 billion annually on average through 2040.[1]
  • 81.9% was PJM’s aggregate equivalent availability factor in 2025, down from 83.6% in 2024.[19]
  • 18–24 months is the typical refuelling interval for U.S. nuclear power reactors.[10]
  • 99.96% was American Electric Power’s average system availability index in both 2024 and 2025.[54]
  • 3.0% was the increase in U.S. utility-scale electricity generation from 2023 to 2024, increasing the operating base requiring generation services.[10]

Value proposition in the electricity generation industry

  • 315 million MWh of renewable electricity was procured through U.S. voluntary power markets in 2024.[55]
  • 45% of U.S. non-hydroelectric renewable generation was represented by voluntary renewable power purchases in 2024.[55]
  • 8% of U.S. retail electricity sales came through voluntary renewable power markets in 2024.[55]
  • 24.4% of U.S. renewable electricity generation came from hydropower in 2024, while hydropower supplied 5.5% of total generation.[18]
  • 9.2 million U.S. customers procured renewable energy through voluntary power markets in 2024.[55]

13 Statistics

Sustainability & Ethics

Sustainability metrics are material to operator reporting, including a 46% reduction in Dominion Energy’s generation-fleet Scope 1 carbon dioxide emissions between 2005 and 2024.

Sustainability in the electricity generation industry

  • 80% of the growth in global electricity generation in 2024 came from clean energy.[1]
  • 97.7% of water used in Avangrid Power’s Klamath cogeneration plant thermal generation was recycled in 2024.[56]
  • 100% of the gypsum produced at DTE Energy power plants was recycled in 2024.[57]
  • 73% of Edison International’s directors were diverse by gender, race or ethnicity, or LGBTQ+ self-identification in 2024.[58]
  • 46% was the reduction in Dominion Energy’s generation-fleet Scope 1 carbon dioxide emissions between 2005 and 2024.[59]

ESG in the electricity generation industry

  • 9% of Edison International’s directors self-identified as LGBTQ+ in 2024.[58]
  • 36% of Edison International’s directors were racially or ethnically diverse in 2024.[58]
  • 50% of Edison International executive annual incentive pay was tied to safety and resiliency goals for 2024.[22]
  • 100% of PSEG’s employees were covered by a human-rights policy in 2023.[22]
  • 100% of Power Corporation employees received anti-corruption training in 2024.[60]

Ethics in the electricity generation industry

  • 100% of Oncor employees received annual ethics and compliance training in 2024.[61]
  • 24 hours per day is the operating availability of Exelon’s ethics helpline for employees, suppliers and the public.[22]
  • 96 of FERC’s 159 fiscal-2024 self-reports came from ISOs or RTOs and mainly involved minor tariff violations.[62]
  • 159 self-reports were received by FERC Enforcement staff from market participants in fiscal 2024.[62]
  • 703 self-reports were received by FERC Enforcement staff over fiscal years 2020–2024.[62]

CSR in the electricity generation industry

  • More than 110,000 employee and retiree volunteer hours were recorded by Dominion Energy in 2024.[59]
  • 80% of Edison International’s annual philanthropic contributions were committed to diverse and underserved communities.[22]
  • $48.95 million was invested by Oncor in energy-efficiency programs in 2025.[61]
  • $56.99 million was Oncor’s incremental annual investment in energy-efficiency programs in 2025.[61]
  • $46.3 million was donated by Dominion Energy to communities where it operates in 2024.[59]

Circular economy in the electricity generation industry

  • 98% of ACCIONA Energía’s waste was recovered in 2024.[63]
  • Approximately 130,000 tons of DTE Energy coal ash were recycled in 2024.[57]
  • 100% of legally recoverable waste from ACCIONA Energía biomass plants was reused in 2024, including 36,670 tonnes of slag and 2,432 tonnes of ash.[63]
  • 100% of DTE Energy’s gypsum produced at power plants was recycled in 2024.[57]
  • 75% of Tenaga Nasional’s scheduled waste was recycled or recovered in 2024.[23]

Carbon footprint in the electricity generation industry

  • 34% of global electricity generation came from coal in 2025.[1]
  • 17% of global electricity generation came from wind and solar photovoltaic power combined in 2025.[1]
  • 28% was the fossil-fuel share of electricity generation in 2024 in emerging market and developing economies.[1]
  • 1,086 metric tons of Scope 1 greenhouse-gas emissions were reported by Power Integrations for fiscal 2024.[64]
  • 46% was Dominion Energy’s reduction in Scope 1 carbon dioxide emissions from its generation fleet between 2005 and 2024.[59]

15 Statistics

Globalization & Expansion

Cross-border capacity growth remains concentrated in renewables, with 692 GW added globally in 2025 and a 15.5% increase in renewable capacity stock.

Globalization in the electricity generation industry

  • 49% of global installed power capacity came from renewables at the end of 2025, covering 202 countries and territories.[45]
  • 692 GW of renewable power capacity was added globally in 2025, increasing the renewable capacity stock by 15.5%.[45]
  • Solar PV and wind together represented 95% of global renewable capacity growth in 2024.[1]
  • The United States generated over 40% of its electricity from natural gas and 23% from renewables in 2024.[1]
  • Global electricity generation increased by more than 1,200 TWh, or 4%, in 2024.[1]

Cultural adaptation in the electricity generation industry

  • 54.0 million customers worldwide received energy and related services from Enel, demonstrating a multi-country retail model adapted to different markets.[24]
  • Enel reported 170.52 TWh of total energy consumption across its international operations in 2024.[24]
  • Enel operated 1.9 million kilometres of electricity distribution lines across its international markets.[24]
  • 92.1 GW was Enel’s total installed capacity across the countries in which it operates.[24]
  • 60,359 Enel employees and 131,851 contractor and subcontractor full-time-equivalent workers supported operations in 2024.[24]

Supplier management in the electricity generation industry

  • 131,851 full-time-equivalent workers from contracting and subcontracting companies supported Enel’s operations in 2024.[24]
  • Xcel Energy assessed 119 suppliers representing more than 75% of its annual spending in 2024.[23]
  • $4.8 billion was spent with local suppliers across Xcel Energy’s eight-state footprint in 2024.[23]
  • EDF renewed its responsible-supplier-relations label in 2024 for a further three years.[70]
  • $2.212 billion was Oncor’s local supplier spend in 2024, compared with $4.991 billion in total supply-chain spend.[61]

Stakeholder management in the electricity generation industry

  • Ørsted reported tailored community-benefit projects supporting job creation, economic development and environmental preservation as engagement outcomes in 2024.[21]
  • Oncor delivered 65.711 million MWh to industrial customers in 2024.[61]
  • 60,359 employees were included in Enel’s 2024 workforce, alongside 131,851 contractor and subcontractor full-time-equivalent workers.[24]
  • Ørsted identified employees, suppliers and local communities as three principal stakeholder groups in its 2024 engagement framework.[21]
  • 68% of Enel’s net financial debt was classified as sustainable financing in 2024.[24]

Distribution channels in the electricity generation industry

  • 1.9 million kilometres of distribution grid were managed by Enel across its operating markets.[24]
  • 54.0 million customers were supplied with energy and services through Enel’s retail and distribution channels worldwide.[24]
  • Oncor delivered 49.614 million MWh to commercial customers in 2025.[61]
  • Oncor delivered 74.199 million MWh to industrial customers in 2025.[61]
  • Oncor completed 7,032 MW of generation-interconnection requests in 2025.[61]

Key questions about the electricity generation industry

What is the market size for electricity generation in the latest data year?
Global electricity demand reached 28,600 TWh in 2025 (IEA). The broader electricity-generation market increased by more than 850 TWh in 2025.
How fast is electricity demand growing through the next few years?
Global electricity demand is forecast to grow at close to 4% annually through 2027. That adds about 3,500 TWh over 2025–2027.
Which companies lead the electricity generation industry?
NextEra Energy leads Gitnux's 2026 electricity generation ranking with an Overall score of 9.1, with revenue growth 10.7% and operating margin 30.2%. NTPC is the highest-ranked electricity generator at 9.0, driven by 438.68 billion units generated and nearly one-quarter of India’s electricity in FY2025.
What technology shifts matter most for generation planning?
Renewables and nuclear supplied 43% of generation in 2025, and renewables nearly matched coal for the first time. Solar generation increased by 600 TWh in 2025.
How is the generation mix changing and where is coal still dominant?
The global generation mix in 2025 was renewables 34%, coal 34%, natural gas 21%, and nuclear within the 43% low-emissions total. Coal remained dominant in China at 55% and India at 71%.
What operational constraint is most associated with variable new loads like data centers?
Grid constraints and multiyear turbine lead times remained important challenges. Data centres accounted for about 50% of US electricity-demand growth.
Reference

Cite This Report

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APA
Samuel Norberg. (2026, November 11). Electricity Generation Industry Statistics. Gitnux. https://gitnux.org/electricity-generation-industry-statistics
MLA
Samuel Norberg. "Electricity Generation Industry Statistics." Gitnux, 11 Nov 2026, https://gitnux.org/electricity-generation-industry-statistics.
Chicago
Samuel Norberg. 2026. "Electricity Generation Industry Statistics." Gitnux. https://gitnux.org/electricity-generation-industry-statistics.

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