EIA Details Increase of Natural Gas Generation Since 2021

Paul Ciampoli | Source: Public Power | Posted 04/29/2024

Electricity generation from units that primarily consume natural gas in the U.S. Lower 48 states has increased for all hours of the day since 2021, the Energy Information Administration reported on April 26. EIA noted that this information was derived from data reported on Form EIA-930, Hourly and Daily Balancing Authority Operations Report.

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Electricity generation from natural gas in the U.S. Lower 48 states has been on the rise continuously since 2021, according to the Energy Information Administration. This increase is attributed to factors such as coal retirements, expansion of natural gas-fired electricity generation capacity, and low natural gas prices in 2023.

Off-peak natural gas-fired generation saw a significant increase of about 22% between 2021 and 2023, surpassing coal-fired units as a prominent source of electricity overnight. Balancing authorities monitor electricity generation data by primary fuel source via Form EIA-930, although they may not have precise details on actual fuel consumption.

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EIA Details Increase of Natural Gas Generation Since 2021

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