In its latest Short-Term Energy Outlook (STEO), released on January 12, the U.S. Energy Information Administration (EIA) forecasts that generation from natural gas-fired power plants in the U.S. electric power sector will decline by about 8% in 2021. This decline would be the first annual decline in natural gas-fired generation since 2017. Forecast generation from coal-fired power plants will increase by 14% in 2021, after declining by 20% in 2020. EIA forecasts that generation from nonhydropower renewable energy sources, such as solar and wind, will grow by 18% in 2021—the fastest annual growth rate since 2010. More ›
Source: EIA, Short-Term Energy Outlook (STEO)
1/15/2021: $52.36/barrel
up$0.12 from week earlier
down$6.16 from year earlier
1/15/2021: $2.737/MMBtu
up$0.037 from week earlier
up$0.660 from year earlier
1/9/2021: 11.211 million tons
up1.365 million tons from week earlier
down1.562 million tons from year earlier
1/8/2021: 3,196 Bcf
down134 Bcf from week earlier
up126 Bcf from year earlier
1/8/2021: 482.2 million barrels
down3.2 million barrels from week earlier
up53.7 million barrels from year earlier