The U.S. Energy Information Administration (EIA), our favorite government organization, is out with a prediction that natural gas-fired electric generation will hit a new record high in 2016 over 2015–delivering an average of 3.8 million megawatts of electricity each and every day. That’s up 4% in 2016 over 2015–if the numbers hold. Natgas had played second fiddle to coal generated power plants, but that all changed in April 2015 when natgas, for the first time, surpassed coal generation. Here’s the latest exciting news from the EIA that natgas is ascending…
The U.S. Energy Information Administration (EIA), our favorite government organization, is out with a prediction that natural gas-fired electric generation will hit a new record high in 2016 over 2015–delivering an average of 3.8 million megawatts of electricity each and every day. That’s up 4% in 2016 over 2015–if the numbers hold. Natgas had played second fiddle to coal generated power plants, but that all changed in April 2015 when natgas, for the first time, surpassed coal generation. Here’s the latest exciting news from the EIA that natgas is ascending…