Renewables, Natural Gas to Lead New US Electric Capacity
Wind, natural gas, and solar capacity will lead the new electricity capacity in the United States this year, while coal-fired generation will account for more than half of scheduled capacity retirements, the US Energy Information Administration said in its latest inventory of electric generators.
In 2019, the US electric power sector is expected to add 23.7 gigawatts of new capacity, while 8.3 GW capacity is planned to be retired, Oil Price reported.
New utility-scale capacity will be led by wind power, which will account for 46% of the additions, followed by natural gas with a 34% share of new capacity, and solar photovoltaics, which will make up 18% of new electric capacity, the EIA said.
The remaining 2% of new additions will consist mainly of other renewables and battery storage capacity.
In wind power, a total of 10.9 GW of capacity is currently planned to start up this year, with Texas, Iowa, and Illinois accounting for more than half of the 2019 planned wind capacity additions.
New natural gas capacity will be mostly combined-cycle plants, which are planned to add 6.1 GW of electric capacity, while combustion-turbine plants are scheduled for 1.4 GW new capacity.
Most of the natural gas-powered electric capacity is planned to become operational by the middle of the year in order to be able to meet high summer demand, the EIA said.
Close to 60 % of all new natural gas-fired capacity will take place in three states -- Pennsylvania, Florida, and Louisiana.
source: Financial Tribune
Top News
Glencore in talks to sell Philippine copper smelting unit
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
Mobarakeh steel is producing green steel through scrap recycling
Norilsk Nickel plans to sell all it produces in 2025
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
India’s record gold import said to be due to calculation error
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Norge Mining acquires Europe’s largest natural graphite producer
Mercuria partners with Zambia on metals trading venture
Aluminum price falls to one-month low in wider commodity slump
Lure of Anglo’s copper mines could test BHP’s spending resolve
Copper giant Peru foresees another production plateau in 2025
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Mercuria partners with Zambia on metals trading venture
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Lure of Anglo’s copper mines could test BHP’s spending resolve
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
