Natural gas generators make up largest share of US electricity generation capacity

Based on the U.S. Energy Information Administration’s (EIA) annual survey of electric generators, natural gas-fired generators accounted for 43% of operating U.S. electricity generating capacity in 2019. These natural gas-fired generators provided 39% of electricity generation in 2019, more than any other source. Most of the natural gas-fired capacity added in recent decades uses combined-cycle technology, which surpassed coal-fired generators in 2018 to become the technology with the most electricity generating capacity in the United States.

Technological improvements have led to improved efficiency of natural gas generators since the mid-1980s, when combined-cycle plants began replacing older, less efficient steam turbines.

Path Investments plc (LON:PATH) is an energy investment company, and is focused on making investments in the energy sector on a global basis. The company seeks to create value for its shareholders through acquisitions, joint ventures or direct interests in energy businesses or associated projects.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Share on facebook
Share on twitter
Share on linkedin
Path Investments Plc

More articles like this

Path Investments Plc

Oil and Gas stocks gain

Oil and Gas stocks were trading with gains, with the S&P BSE Oil&Gas index increasing 39.46 points or 0.23% at 17310.57 at 09:49 IST. Among the components of the S&P BSE Oil&Gas index, Hindustan Petroleum Corporation Ltd (up

Path Investments Plc

Woodside on mission to reduce emissions at Pluto

Woodside has set new targets to achieve net zero greenhouse gas emissions by 2050 at the Pluto liquefied natural gas (LNG) project, Western Australia. The targets, which have been approved by Western Australian Minister for Environment Amber-Jade Sanderson

Path Investments Plc

Biden budget to support BSEE with over $253 million

The Biden administration has submitted to Congress the budget for the fiscal year 2022, which includes $253.4 million to support the Bureau of Safety and Environmental Enforcement (BSEE). BSEE’s fiscal year 2022 budget request includes funding for priority

Path Investments Plc

Chevron awards Sparrows with Gorgon & Wheatstone contracts

Sparrows Group has secured a contract with Chevron Australia for work on the Gorgon and Wheatstone natural gas facilities in Western Australia. The company will support the safety and reliability of Chevron’s onshore and offshore lifting operations by

Path Investments Plc

Goldman sees oil hitting $80/bbl

Goldman Sachs said it expects oil prices to climb to $80 per barrel in the fourth quarter of this year, arguing that the market has underestimated a rebound in demand even with a possible resumption in Iranian supply.

Path Investments Plc

US weekly offshore rig count up to 15

The number of offshore rigs in the U.S. increased by two units over the last week, according to a Friday report by Baker Hughes. Baker Hughes Rig Count: U.S. +5 to 453 rigs U.S. Rig Count is up