Tag: natural gas prices
Solar Power Generation Drives Electricity Generation Growth Over The Next Two Years
Electricity generation by the U.S. electric power sector totaled about 4,260 billion kilowatthours (BkWh) in 2025. In our latest Short-Term Energy Outlook (STEO), we expect U.S. electricity generation will grow by 1.1% in 2026 and by 2.6% in 2027, when it reaches an annual total of 4,423 BkWh. The three main dispatchable … [continued]
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Bill Gates Laments World Going Backwards
A couple of months ago, Bill Gates wrote a blog post about how climate change emissions projections have gone down. Steve Hanley wrote an article with a response. ‘“Fortunately for all of us, this view is wrong,” Gates wrote. “Although climate change will have serious consequences — particularly for people … [continued]
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Two Charts, One Grid: Clean Electricity Is Getting Cheaper But Feels More Expensive
The argument begins with a pair of charts that appear to contradict each other while describing the same reality. One plots nominal residential electricity prices against carbon intensity for the ten largest electricity producing countries in 2015 and 2024. The other uses the same data but adjusts prices for inflation. … [continued]
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Why Fossil Fuels Are Having Such A Hard Time Competing With Renewables
The 3 reasons fossil fuels have such a hard time competing are: It keeps getting harder to find and extract fossil fuels. Renewable technology lowers costs far faster than technology improves fossil fuel cost due to Wright’s law. People don’t like the negative effects of fossil fuels — namely, pollution … [continued]
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Two Energy Paths: China Locks In Renewables, U.S. Clings To Coal
China’s coal consumption dropped by about 2.6% in the first six months of 2025 while electricity demand rose roughly 5% compared with the same period in 2024. That means China added solar and wind capacity fast enough to cover new demand and then some. U.S. coal fired electricity jumped 14% … [continued]
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