us natural gas

U.S. Primary Energy Production, Consumption, and Exports Increased in 2024

The United States continued to produce more energy than it consumed in 2024. This surplus energy production helped energy exports grow to a record high 30.9 quadrillion British thermal units (quads) in 2024, up 4% from 2023. Energy imports stayed flat at 21.7 quads in 2024, meaning the United States exported 9.3 quads more … [continued]

Planned Retirements of U.S. Coal-Fired Electric-Generating Capacity to Increase in 2025

Electricity generators plan to retire 12.3 gigawatts (GW) of capacity in 2025, a 65% increase in retirements compared with 2024. Last year, 7.5 GW was retired from the U.S. power grid, the least generation retired since 2011, according to data reported to us in our latest inventory of electric generators. Coal … [continued]

Solar & Battery Storage to Lead New U.S. Generating Capacity Additions in 2025

We expect 63 gigawatts (GW) of new utility-scale electric-generating capacity to be added to the U.S. power grid in 2025 in our latest Preliminary Monthly Electric Generator Inventory report. This amount represents an almost 30% increase from 2024 when 48.6 GW of capacity was installed, the largest capacity installation in a single … [continued]

Natural Gas Spot Prices Fell Across Key Regional Trading Hubs in 2024

Average natural gas spot prices at most major trading hubs in the Lower 48 states declined in 2024 compared with 2023 in real terms, according to data from Natural Gas Intelligence. Inflation-adjusted natural gas prices in the Northeast at Algonquin Citygate and Eastern Gas South averaged 32 cents per million British thermal … [continued]

US Electric Power Sector Has Driven Rising Pennsylvania Natural Gas Consumption Since 2013

Natural gas-fired electric power generation has increased in Pennsylvania since 2013 as the state has shifted toward natural gas as its main fuel source for electric power generation. In October 2024, natural gas-fired generation accounted for 57% of the electricity generated in Pennsylvania, more than twice the share in October … [continued]

Natural Gas Electricity Generation in the United States Spiked with July Heatwave — Global Heating…

Editor’s note: Unfortunately, we’re already seeing examples of global heating leading to the burning of more fossil fuels, which of course is creating more global heating. It’s a vicious cycle. Here’s the latest example. U.S. power plant operators generated 6.9 million megawatthours (MWh) of electricity from natural gas on a … [continued]