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EIA: U.S. Natural Gas for Power Generation to Reach One-Third Share in 2018-19, an Industrial Info News Alert

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SOURCE Industrial Info Resources, Inc.

SUGAR LAND, Texas, Jan. 12, 2018 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Energy Information Administration's (EIA) latest Short-Term Energy Outlook (STEO) provides forecasts for a variety of trends to be seen this year and in 2019.  Among these is that utility-scale power generation from natural gas in the U.S. will rise from a 32% share in 2017 to 33% in 2018 and 34% in 2019. The movement comes in the face of predicted lower natural gas prices and the diminishment of coal as an energy resource.  Industrial Info is tracking more than $50 billion in natural gas-fired projects in the Power Industry that are set to kick off in 2018 and 2019.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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