“As 2014 progresses, US utilities are focusing more and more on natural gas. Coal plant owners have announced 54,742 MW of coal capacity will be shut down by 2025. On top of this, over 60% of planned generation additions between 2012 and 2040 will be fuelled by natural gas.”
That’s the view of FC Gas Intelligence. You can download their 12 page report here. Registration’s required but it’s an excellent read.
We think: the United States’ determined play for energy self-sufficiency based on natural gas will be the big story in the global energy market over the next 20 years.