๐๐๐๐ฉ ๐๐๐ช๐๐๐ฉ ๐ข๐ฎ ๐๐ฉ๐ฉ๐๐ฃ๐ฉ๐๐ค๐ฃ? US gas burn for electric power reached 40.9 Bcf/d in September, a 3.1% increase compared with September 2023 (39.7 Bcf/d), and the highest daily rate of electric power deliveries for the month since the EIA began using the current methodology in 2001.
๐๐๐ฎ ๐๐ฉ ๐ข๐๐ฉ๐ฉ๐๐ง๐จ? Gas-fired generation is marginal source of power in most markets, with coal retirements and growing load (from electrification, data centers, etc.) increasing demand for gas historically more than offsetting growth in solar, wind and BESS capacity.
A key marker in the energy transition will be when this trend plateaus, and ultimately declines. No sign of that change yet.
๐๐๐ฃ๐ ๐จ: