Black & Veatch: U.S. Energy Markets to Get Gassier, Greener

SUGAR LAND--August 4, 2014--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The U.S. electricity mix will get greener and gassier during the next 25 years, but continued growth of natural gas production from shale formations will moderate gas price increases in the near term, according to an energy market outlook released by Black & Veatch (B&V) (Overland Park, Kansas) last week. As natural gas evolves into the predominant fuel in electricity generation, power prices will increasingly be tied to gas prices, Rob Patrylak, managing director of B&V's Planning and Energy Markets service, said in a web conference July 31.

Within this article: Details on the impact of growing U.S. natural gas production on coal-fired power production.