Electricity data points

Electricity data points

June 19, 2019 | By Keith Martin in Washington, DC

Strong growth in natural gas production in the United States will keep downward pressure on natural prices in 2019 and 2020, according to the latest short-term energy outlook that the US Energy Information Administration released in early June. Spot prices at Henry Hub were $2.64 an mmBtu in May. Low gas prices will cause the share of US electricity generated from gas to increase from 35% in 2018 to 38% in 2020, the agency said . . . . Coal will drop from 27% in 2018 to 23% in 2020. Nuclear will also fall to 19% . . . . Wind, solar and other non-hydroelectric renewables will move from 10% of US electricity generation in 2018 to 13% in 2020 . . . . Seventeen community choice aggregators in California — county-level organizations that buy electricity to supply to local residents — bought electricity in Q1 2019 from 28 suppliers. The largest single supplier, accounting for 20.6% of Q1 2019 sales, was Exelon Generation, the unregulated arm of a utility holding company based in Chicago.