According to a new report from the U.S. Energy Information Administration, coal will still be the top energy provider in 2040. Although renewables and nuclear are growing at the fastest rates in electricity, the EIA predicts coal will still be top.
“EIA’s forecast shows non-hydropower renewables as still just a small piece of the electricity generation mix in 2020, with coal still trailed by natural gas. Nearly 80 percent of the world’s energy use, for both transportation and electricity, will be fossil fuels through 2040.”
Read more about the report at GreenTechMedia.com.
America is in the middle of a natural gas boom. Prices for shale gas have lowered, and the nation has so much natural gas that electric utilities have curbed rate increases and switched more capacity to gas from coal.
“Companies and municipalities are deploying thousands of new gas-powered trucks and buses, curbing noxious diesel fumes and reducing the nation’s reliance on imported oil.”
Commercial and residential consumers alike are switching to natural gas as a less expensive means of heating.
The entire article is worth a read, and helps explain how natural gas comes from the depths of the earth, and into buildings and cars.
Source: New York Times