SUGAR LAND, Texas, Jan. 12, 2018 /PRNewswire/ — Researched by Industrial Info Resources (Sugar Land, Texas)–The U.S. Energy Information Administration’s (EIA) latest Short-Term Energy Outlook (STEO) provides forecasts for a variety of trends to be seen this year and in 2019. Among these is that utility-scale power generation from natural gas in the U.S. will rise from a 32% share in 2017 to 33% in 2018 and 34% in 2019. The movement comes in the face of predicted lower natural gas prices and the diminishment of coal as an energy resource. Industrial Info is tracking more than $50 billion in natural gas-fired projects in the Power Industry that are set to kick off in 2018 and 2019.
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