Renewable Energy Sizzles, Natural Gas Fizzles

"Due to regional and seasonal energy use patterns, renewables may lose their lead over the short term, but EIA expects renewables to put in a strong showing this summer. In May, the agency issued a forecast for the summer of 2019 under the somewhat ominous headline, “EIA expects less electricity to come from coal this summer as natural gas, renewables rise.”

EIA anticipates a slight decrease in electricity demand this summer, from June through August, compared to 2018. The agency forecasts that coal will be especially vulnerable, sliding to a 25 percent share of U.S. electricity generation for the three-month period.

By way of comparison, in the summer of 2015, coal’s share was 35 percent.

Natural gas will once again top coal by a wide margin this summer. According to the forecast, gas will account for 40 percent of U.S. power generation for the summer of 2019, up slightly from its 39 percent share in 2018. Meanwhile, EIA expects hydropower and other renewables to account for a respectable total of 16 percent for the summer of 2019, up slightly from last year."

- Tina Casey, Triple Pundit  

read more

Be the first to comment

Please check your e-mail for a link to activate your account.
Pledge to vote