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EIA releases new U.S. short-term energy forecast

By Michelle Froese | February 8, 2017

EIA expects wind capacity additions to hit 94 GW by the end of 2018.

The U.S. Energy Information Administration (EIA) has released its February Short-term Energy Outlook (STEO), which provides a forecast on what is expected in gasoline, coal, natural gas, and renewables trends this year.

For natural gas, the EIA has predicted: “U.S. natural gas production is expected to increase during 2017, due in part to higher natural gas prices, after output declined last year for the first time since 2005.”

For renewables, the report maintains that “wind and solar power are expected to account for the most growth in U.S electricity generation by energy source over the next two years.”

Wind-power capacity at the end of 2016 was 81 GW. EIA expects capacity additions in the next two years will bring total wind capacity to 94 GW by the end of 2018.

The full STEO can be downloaded here.

EIA’s revised STEO forecast on regional household winter heating fuel bills (natural gas, propane, heating oil, and electricity) is here.


Filed Under: News, Projects
Tagged With: eia
 

About The Author

Michelle Froese

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