US EIA says coal generation share to shrink to an all-time low in 2024

Coal’s share of US electricity generation will shrink to an all-time low at 16.1% in 2024 due to lower utilization rates and ongoing capacity retirements, according to US Energy Information Administration data released Aug. 6. The remaining generation was expected to come from natural gas at 41.6%; nuclear, 19%; and renewable energy sources, 22.8%. “Although natural gas continues to provide…Coal’s share of US electricity generation will shrink to an all-time low at 16.1% in 2024 due to lower utilization rates and ongoing capacity retirements, according to US Energy Information Administration data released Aug. 6. The remaining generation was expected to come from natural gas at 41.6%; nuclear, 19%; and renewable energy sources, 22.8%. “Although natural gas continues to provide…  Read More