In North America, renewable power generation has shown impressive growth over the past decade, reaching 8.7 Exajoules in 2023. From 2013 to 2023, the annual values illustrate a consistent upward trend with a CAGR of 11.19%, marking a robust expansion. From 2021 to 2023, the year-on-year increase was 11.46% and 13.03%, respectively, reflecting strong momentum in recent years.
Looking ahead, the forecast indicates continued growth, with renewable power generation expected to reach 13.11 Exajoules by 2028. The five-year CAGR from 2024 to 2028 is projected at 6.45%, with an overall growth rate of 36.68%. Future trends include advancements in technology, policy support, and investments in renewable infrastructure, which will likely drive further growth in this sector.