Natural Gas-Fired Generating Capacity Likely To Increase Over Next Two Years According To EIA

According to the U.S. Energy Information Administration ---- The electricity industry is planning to increase natural gas-fired generating capacity by 11.2 gigawatts (GW) in 2017 and 25.4 GW in 2018. If these plants come online as planned, annual net additions in natural gas capacity would be at their highest levels since 2005. On a combined basis, these 2017-18 additions would increase natural gas capacity by 8% from the capacity existing at the end of 2016. Depending on the timing and utilization of these plants, the new additions could help natural gas maintain its status as the primary energy source for power generation, even if natural gas prices rise moderately. For more information on natural gas-fired generating capacity likely to increase over next two years click on the picture below to learn more from U.S. Energy Information Administration