Platts
The US Energy Information Administration expects lower natural gas prices will result in natural gas fueling 33.4% of US electricity generation in 2016 compared with 32% for coal, according to the agency’s monthly Short Term Energy Outlook released Tuesday.
It marks the first time the agency has projected natural gas generation to surpass coal on an annual basis. In the report’s February edition, the agency forecast gas would fuel 32.3% of US …