Market Research

Retirements of U.S. Electric Generating Capacity to Slow in 2024

Operators plan to retire 5.2 gigawatts (GW) of U.S. electric generating capacity in 2024, a 62% decrease from last year when 13.5 GW was retired and the least in any year since 2008, according to our latest Preliminary Monthly Electric Generator Inventory. Coal and natural gas jointly account for 91% of the planned capacity retirements in the United States this year.

Tesla Model Y & Model 3 Top California Auto Sales in 2023 — Thanks, Cali!

Tesla’s rapid growth and success have been seen more clearly in California than anywhere else. Considering California is the company’s birthplace, that’s not too surprising, but the extent of the company’s rise up the automotive ladder in The Golden State is actually jaw dropping. In general, Tesla has become a major automaker in the United States (the 8th largest in the country when it comes to 2023 vehicle sales), but in California, it’s truly in the top tier of the auto market and fighting for the #1 spot.