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Listen Now: NGI's Hub & Flow Explores Recent Natural Gas Price Spike, Risks for Sustained Strength

Listen Now: NGI's Hub & Flow Explores Recent Natural Gas Price Spike, Risks for Sustained Strength
naturalgasintel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naturalgasintel.com Daily Mail and Mail on Sunday newspapers.

Leticia Gonzales , Energy Information Administration Stephen York , Markets Editor Leticia Gonzales , Energy Information Administration , Stephen York , Henry Hub , லேதீசிய காந்ஸாலஸ் , ஸ்டீபன் யார்க் , ஹென்றி மையம் ,

U.S. natural gas generation in 2021 sees its first year-over-year decline in three years - Today in Energy - U.S. Energy Information Administration (EIA)


In the first four months of 2021, natural gas-fired generation in the Lower 48 states averaged 3,394 gigawatthours (GWh) per day, a nearly 7% decrease from the same period in 2020, according to data from our
Hourly Electric Grid Monitor. The decline in natural gas generation during the first four months of this year is the result of higher natural gas prices and increased competition from renewables, and it is the first year-over-year decline since 2017. Overall, U.S. electricity generation during the period increased 6.6% compared with 2020 because of colder winter weather.
Natural gas-fired generation has been facing increased competition from renewable generation in the United States because of recent record-high capacity additions to wind and solar power plants. Between May 2020 and February 2021 (the most recent month for which we have data), 22.5 gigawatts (GW) of combined net wind and solar electric generating capacity additions came online in the United States, ....

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