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EIA: U.S. Natural Gas Use for Power Generation to Continue Increasing in Coming Years
Industry Segment: Power | Word Count: 1124 Words
Attachment: Natural Gas-fired Projects in 2018-19
SUGAR LAND--January 12, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Energy Information Administration's (EIA) latest Short-Term Energy Outlook provides forecasts for a variety of trends to be seen this year and in 2019. Among these is that utility-scale power generation from natural gas in the U.S. will rise from a 32% share in 2017 to 33% in 2018 and 34% in 2019. The movement comes in the face of predicted lower natural gas prices and the diminishment of coal as an energy resource. Industrial Info is tracking more than $50 billion in natural gas-fired projects in the Power Industry that are set to kick off in 2018 and 2019.
Within this article: Trends in the natural gas sector and details of natural gas-fired power projects
Companies featured: Tetra Tech Incorporated (NASDAQ:TTEK), AECOM (NYSE:ACM), SNC-Lavalin Group Incorporated (TSX:SNC)
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