EIA: Short-Term Energy Outlook

The U.S. Energy Information Administration anticipates a 3.3 percent year-over-year decline in electricity generation in the third quarter of 2017. Overall, forecast generation falls by 1.2 percent in 2017 and then grows by 1.6 percent in 2018.

EIA also expects the share of U.S. total utility-scale electricity generation from natural gas to fall from an average of 34 percent in 2016 to less than 32 percent in both 2017 and 2018 as a result of higher expected natural gas prices. Coal’s forecast generation share rises from 30 percent in 2016 to 31 percent in 2017 and 2018.

Non-hydropower renewables are forecast to provide 9 percent of electricity generation in 2017 and nearly 10 percent in 2018. The generation share of hydropower is forecast to be nearly 8 percent in 2017 and 7 percent in 2018.

The nuclear share of generation remains just under 20 percent in both 2017 and 2018.



Authors

Previous articleSunnova raises nearly $1 billion, expanding rooftop solar reach
Next articleFlorida Power & Light continues solar power expansion

No posts to display