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

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