Renewables vs. Retirements: gas generation’s fight for market share
The next two years look extremely strong for gas demand for the power sector. Declining Henry Hub prices coupled with new capacity and continued coal retirements will lead to strong growth gas burn. But, in the midterm growth stagnates and remains relatively flat through the mid-2020s, until a federal carbon policy restores growth to demand for gas fired generation.
Table of contents
Carbon prices – what’s old is new again
Coal retirements – more coal plants expected to make it to the end of their useful life