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EIA: Majority of U.S. Power Capacity Installed in 2018 Was Natural Gas-fired

EIA: Majority of U.S. Power Capacity Installed in 2018 Was Natural Gas-fired

power

Industry Segment: Power | Word Count: 706 Words
Attachment: Planned 2019 Natural Gas-fired Project Completions

SUGAR LAND--March 12, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--According to the U.S. Energy Information Administration (EIA), about 62% of all new power generation capacity installed in the U.S. last year consisted of natural gas-fired facilities, most of which were combined cycle plants. As coal-fired facilities across the country continue to retire, natural gas is the fuel replacing much of the lost capacity. The EIA reports 18.7 gigawatts (GW) of power was retired in the U.S. in 2018, and 31.3 GW was added.

Within this article: Details of 2018 and 2019 natural gas-fired project completions in the U.S.

Companies featured: Dominion Energy Incorporated (NYSE:D), NextEra Energy Incorporated (NYSE:NEE), Entergy Corporation (NYSE:ETR), McDermott International Incorporated (NYSE:MDR), General Electric (NYSE:GE), Fluor Corporation (NYSE:FLR)

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