PA Gas-Fired Electric Going from 30% to 45% of Capacity Next 3 Yrs
Believe it or not, dry and sterile reports from government agencies, like the "Electric Power Outlook for Pennsylvania" issued by the state Public Utility Commission, can be exciting! The latest edition of the EPO report predicts natural gas-fired electric generation in PA will go from a current 30% of all electricity produced in the state today, to 45% of all electricity produced in just three years--by 2023. That represents an enormous opportunity for drillers (and landowners) to sell locally produced gas to new, local customers.
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