EIA: New Electric Generating Capacity to Reach 10-Year High in 2018

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Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Energy Information Administration (EIA) expects nearly 32 gigawatts (GW) of new electric generating capacity will come online this year in the U.S., more than in any year over the past decade. Industrial Info is tracking more than $16 billion in renewable energy projects and more than $19 billion in natural gas-fired projects that are expected to reach completion this year in the U.S.

Although renewables such as wind and solar accounted for 98% of the 2 GW added so far this year (based on data for January and February), the EIA says about 21 GW of natural gas-fired generators will come online in 2018. If these generators come online based on their reported timelines, 2018 will be the first year since 2013 in which renewables did not make up a majority of added capacity.



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