Tag: us natural gas
U.S. Natural Gas-Directed Rigs Decreased for 2nd Consecutive Year in 2024
The number of rigs deployed to drill for natural gas in the United States decreased over the last two years. U.S. natural gas-directed rigs decreased 32% (50 rigs) between December 2022 and December 2024. This decline has been concentrated in the natural gas-rich Haynesville and Appalachia regions, where the combined … [continued]
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Planned Retirements of U.S. Coal-Fired Electric-Generating Capacity to Increase in 2025
Electricity generators plan to retire 12.3 gigawatts (GW) of capacity in 2025, a 65% increase in retirements compared with 2024. Last year, 7.5 GW was retired from the U.S. power grid, the least generation retired since 2011, according to data reported to us in our latest inventory of electric generators. Coal … [continued]
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Solar & Battery Storage to Lead New U.S. Generating Capacity Additions in 2025
We expect 63 gigawatts (GW) of new utility-scale electric-generating capacity to be added to the U.S. power grid in 2025 in our latest Preliminary Monthly Electric Generator Inventory report. This amount represents an almost 30% increase from 2024 when 48.6 GW of capacity was installed, the largest capacity installation in a single … [continued]
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Prediction: Solar Energy Beats Natural Gas By A Mile In 2025
Solar energy stakeholders in the US are looking at another record-breaking year in 2025, according to a new report from the US Energy Information Administration.
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Natural Gas Spot Prices Fell Across Key Regional Trading Hubs in 2024
Average natural gas spot prices at most major trading hubs in the Lower 48 states declined in 2024 compared with 2023 in real terms, according to data from Natural Gas Intelligence. Inflation-adjusted natural gas prices in the Northeast at Algonquin Citygate and Eastern Gas South averaged 32 cents per million British thermal … [continued]
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