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Coal's share in total US electricity generation to shrink in 2024

Source: Mysteel Aug 08, 2024 17:30
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Coal Industry
The United States expects that coal's share in all sources energy for electricity generation will fall by one percentage point on year to a record low of 16% in 2024 due to capacity retirements and lower utilization rates, according to the latest short-term energy outlook published by the country's Energy Information Administration (EIA) on August 6.
Meanwhile, power generated by natural gas this year will hold steady from 2023 at 42% but will fall to 40% in 2025. The share contributed by nuclear will stay unchanged at 19% for this year and next year, EIA said, while the share of renewable energy sources will rise

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