Weekly Newsletter

01 July 2024

Weekly Newsletter

01 July 2024

Survey: how will the 2024 US elections affect the energy transition?

What are the implications of the upcoming elections on the US's energy transition?

Jackie Park June 27 2024

The US will hold its presidential election on 5 November 2024. The upcoming elections could impact the future of the US's energy transition, with potential shifts in policy and regulatory frameworks.

This article will survey the industry's take on the implications of the elections on the country's transition, including both expected outcomes and desired outcomes. It will gather opinions on key priorities for the next administration as well as how – if at all – election results might influence the energy transition. It will also identify which sub-topics within the transition might cause the most controversy.

Methanol Industry Capacity and Capex Overview

Per GlobalData, the methanol capacity was 170.30 million tonnes per annum (mtpa) in 2023, and is expected to increase at an AAGR of >9% from 2023 to 2028. Our latest report also offers information on all planned and announced methanol projects globally, including the contribution share of the top methanol players. In 2023, China, Iran, the US, Trinidad and Tobago, and Saudi Arabia primarily drove the global methanol capacity market.

Methanol Industry Capacity and Capex Overview

Per GlobalData, the methanol capacity was 170.30 million tonnes per annum (mtpa) in 2023, and is expected to increase at an AAGR of >9% from 2023 to 2028. Our latest report also offers information on all planned and announced methanol projects globally, including the contribution share of the top methanol players. In 2023, China, Iran, the US, Trinidad and Tobago, and Saudi Arabia primarily drove the global methanol capacity market.

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