Tuesday,
January 9
January 9
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. About 37 gigawatts of solar generation are expected to come online in 2024, up 39 percent from last year, according to the agency’s last short-term outlook. The forecasted large increase in solar capacity is expected to slow the growth of natural gas generation from seven percent in 2023 to one percent in 2024. The agency also expects solar and wind generation together to overtake power generation from coal for the first time in 2024, exceeding coal by nearly 90 billion kilowatthours.