Corrects to say forecast is for a 15% drop in coal-powered output, not demand, in paragraph 1
The Energy Information Administration (EIA) expects the largest increases in the U.S. electricity generation this summer to come from renewable energy sources and natural gas, contributing to a 15% reduction in coal-powered output from the previous year.
Power generation through natural gas, which remains the primary source in the electric power sector, is expected to grow 3% this summer (June to August), helped by additional capacity and favorable fuel costs, the EIA said on Thursday.
Wind-powered generation will be 7% higher than last summer. Solar, for which most of the new installed capacity was concentrated in Texas and California in recent months, will see a 24% jump.
Battery storage capacity, which helps to provide power when solar and wind resources are low, surged nearly 90% in the last 12 months, the EIA said.
Source: Reuters
