Tuesday,
May 10
May 10
EIA U.S. Energy Outlook
The U.S. Energy Information Administration will issue its Short-Term Energy Outlook report, providing a forecast of energy supply, demand, and prices. Wind and utility-scale solar capacity are expected to increase by 10 gigawatts and 20 gigawatts, respectively, in 2022, according to the agency’s last short-term outlook. U.S. electricity generation from renewable sources is expected to grow from 20 percent in 2021 to 22 percent in 2022. The agency forecasts a decline in natural gas generation from 37 percent in 2021 to 35 percent in 2022 due to the increase in renewable generation.