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EIA's Short-Term Energy Outlook pdf
Subject: U.S. Energy Information Administration, Short-Term Energy Outlook
Presented by: Stephen Nalley
Presented to: Rocky Mountain Association of Geologists
Washington, DC—January 13, 2021

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EIA forecasts less power generation from natural gas as a result of rising fuel costs

annual U.S. electric power sector generation by energy source
Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO)

In its latest Short-Term Energy Outlook (STEO), released on January 12, the U.S. Energy Information Administration (EIA) forecasts that generation from natural gas-fired power plants in the U.S. electric power sector will decline by about 8% in 2021. This decline would be the first annual decline in natural gas-fired generation since 2017. Forecast generation from coal-fired power plants will increase by 14% in 2021, after declining by 20% in 2020. EIA forecasts that generation from nonhydropower renewable energy sources, such as solar and wind, will grow by 18% in 2021—the fastest annual growth rate since 2010.

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