Outlook for 2024: Renewables Rocketing

Energy Information Administration Short Term Energy Outlook December 2023: Generation from coal-fired power plants has the sharpest decline in the forecast as a result of growingrenewable energy sources, low natural gas prices, and continuing retirements of coal-fired power plants.We forecast that coal-fired power plants will generate less in 2024 (599 billion kwh) than the combinedgeneration…

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