The fossil fuel electricity market was valued at nearly *** billion U.S. dollars in 2023. Until 2031, the sector is expected to continue growing by around **** percent each year, bringing it to a value of more than *** trillion U.S. dollars from 2028 onward.
More information on the global electricity generation market can be found .
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Extrapolate. (March 13, 2024). Market value of fossil fuel electricity generation worldwide from 2021 to 2023, with a forecast until 2031 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 26, 2026, from /statistics/1457200/fossil-fuel-electricity-market-value/
Extrapolate. "Market value of fossil fuel electricity generation worldwide from 2021 to 2023, with a forecast until 2031 (in billion U.S. dollars)." Chart. March 13, 2024. ÌÇÐÄÆÆ½â°æ. Accessed July 26, 2026. /statistics/1457200/fossil-fuel-electricity-market-value/
Extrapolate. (2024). Market value of fossil fuel electricity generation worldwide from 2021 to 2023, with a forecast until 2031 (in billion U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 26, 2026. /statistics/1457200/fossil-fuel-electricity-market-value/
Extrapolate. "Market Value of Fossil Fuel Electricity Generation Worldwide from 2021 to 2023, with a Forecast until 2031 (in Billion U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 13 Mar 2024, /statistics/1457200/fossil-fuel-electricity-market-value/
Extrapolate, Market value of fossil fuel electricity generation worldwide from 2021 to 2023, with a forecast until 2031 (in billion U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/1457200/fossil-fuel-electricity-market-value/ (last visited July 26, 2026)
Market value of fossil fuel electricity generation worldwide from 2021 to 2023, with a forecast until 2031 (in billion U.S. dollars) [Graph], Extrapolate, March 13, 2024. [Online]. Available: /statistics/1457200/fossil-fuel-electricity-market-value/