US gas-fired power generation fell to near three-year low on Sunday
April 15 (Reuters) - U.S. electricity generation from gas-fired power plants fell to a near three-year low on Sunday as mild spring weather kept demand for both heating and cooling low and as renewable sources of energy produced more power.
Gas-fired generation on Sunday fell to 2.875 million megawatt-hours (MWh), the lowest level since falling to 2.712 million MWh on April 23, 2022, according to data from the U.S. Energy Information Administration (EIA).
That low amount of gas-fired generation came as renewable energy sources such as wind, solar and hydropower supplied about 34% of the country's power needs so far this week.
Gas, meanwhile, has only supplied about 30% of the country's power so far this week, according to data from the EIA.
Looking ahead, EIA projected gas' share of power generation will slide to 40% in 2025 and 2026 from 42% in 2024, while the percentage of renewable generation will rise to 25% in 2025 and 27% in 2026 from 23% in 2024.
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