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Less power generation from natural gas expected in 2021… EIA

You are here: Home / Commodity Research / Less power generation from natural gas expected in 2021… EIA

January 20, 2021 by Jim Colburn Leave a Comment

From the EIA’s Today in Energy:

”In its latest Short-Term Energy Outlook (STEO), released on January 12, the U.S. Energy Information Administration (EIA) forecasts that generation from natural gas-fired power plants in the U.S. electric power sector will decline by about 8% in 2021. This decline would be the first annual decline in natural gas-fired generation since 2017. Forecast generation from coal-fired power plants will increase by 14% in 2021, after declining by 20% in 2020. EIA forecasts that generation from nonhydropower renewable energy sources, such as solar and wind, will grow by 18% in 2021—the fastest annual growth rate since 2010.”

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