short-term energy outlook (steo)

New Solar Plants Expected to Support Most U.S. Electric Generation Growth

January 26, 2025 admin clean power, Coal, Fossil Fuels, nuclear energy, short-term energy outlook (steo), Solar energy, us coal, us nuclear, us renewable energy, wind energy

Credit to Author: US Energy Information Administration| Date: Sat, 25 Jan 2025 04:58:07 +0000

In our latest Short-Term Energy Outlook (STEO), we expect that U.S. renewable capacity additions—especially solar—will continue to drive the growth of U.S. power generation over the next two years. We expect U.S. utilities and independent power producers will add 26 gigawatts (GW) of solar capacity to the U.S. electric power sector in … [continued]

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EIA Expects Higher Wholesale U.S. Natural Gas Prices As Demand Increases

January 25, 2025 admin Fossil Fuels, lng, natural gas, natural gas prices, short-term energy outlook (steo)

Credit to Author: US Energy Information Administration| Date: Fri, 24 Jan 2025 04:40:59 +0000

We expect increases in the Henry Hub natural gas price in 2025 and 2026 as demand for natural gas grows faster than supply, driven mainly by more demand from U.S. liquefied natural gas (LNG) export facilities, reducing the natural gas in storage compared with the last two years. In our January Short-Term … [continued]

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