Author Topic: Natural gas expected to remain dominant power source through 2019  (Read 1045 times)

0 Members and 1 Guest are viewing this topic.

Offline thackney

  • Hero Member
  • *****
  • Posts: 12,267
  • Gender: Male
Natural gas expected to remain dominant power source through 2019
http://www.chron.com/business/energy/article/Natural-gas-expected-to-remain-dominant-power-12519528.php
January 24, 2018

Natural gas is expected to remain the dominant source of power in the U.S. for the next two years as it continues to push coal-fired power plants to the sidelines.

Natural gas-fired power plants are expected to provide 33 percent of the nation's energy in 2018 and 34 percent in 2019, according the U.S. Department of Energy. As natural gas use rises, coal's share of the power is expected to drop to 28 percent by 2019.

The low cost of natural gas has played a large part in its rise as a dominant energy source -- since 2015, prices have averaged $3.50 per million British thermal units, a price that is expected to fall 2 percent this year. By contrast, the price of coal is expected to rise 5 percent, according to the Energy Department....
Life is fragile, handle with prayer