Natural gas-fired generation peaked in 2020 amid growing renewable energy production: IEEFA
The Energy Information Administration sees gas generation slipping this year and in 2023.
Related Knowledge Center: ENERGY BASICS: natural gas
Related Knowledge Center: ENERGY BASICS: electricity
Electricity is a secondary energy source: it is generated through the conversion of primary energy sources such as natural gas, coal, solar, hydropower, and wind. Electricity’s versatility is not cost-free: a substantial amount of energy is lost in its generation and the cost of storage is high, compared with fuels such as coal, oil and natural gas. The economics of battery technology hold the key to expanded use of renewable sources to generate electricity.