- Sep 13, 2021 9:29 am GMT
Higher prices are a reason why electricity generation produced by natural gas in the United States will average 35% in 2021 and 34% in 2022, down from 39% in 2020, according to the US Energy Information Administration. The price for natural gas prices for electricity generators is expected to average $4.69/MMBtu in 2021 compared with $2.39/MMBtu in 2020. As a result, utilities are replacing natural gas – as well as coal generation – with wind and solar sources. What impact is natural gas pricing having on your company’s energy planning?
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