EIA: NatGas to Remain Primary Fuel for Electricity This Yr & Next

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Natural gas has replaced King Coal as the #1 fuel source to generate electricity. According to our favorite government agency, the U.S. Energy Information Administration (EIA), in 2018 natural gas will generate 33% of all electricity generated in the U.S. In 2019 it goes up to 34%. Coal, on the other hand, will generate 30% of all electricity in 2018 (as it did in 2017), and go down to 28% in 2019. Power plant operators will bring 20 gigawatts (GW) of new natural-gas-fired generating capacity online in 2018. That's the largest increase in natural gas capacity since 2004. Almost 6 GW of this new capacity (30%) will be added in one state: Pennsylvania! That's another 6 GW powered by Marcellus Shale gas--an important new market for our gas. Here's the EIA forecast that natgas will remain our primary source of electricity generation for at least the foreseeable future...

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