Friday, January 18, 2013

New Gas Generation Capacity Constructed In 2012 Surprisingly Drops 20%

Natural gas generation at existing plants had a great year in 2012, with natural gas providing 30% of America's electricity, and even equaling coal generation at 34% for the month of April.  Though gas fired power plants were working harder in 2012, the amount of new gas-fired capacity built in 2012 saw a 20% drop.

Last year, 8,746 megawatts of new gas capacity started operation and that was down considerably from 11,020 in 2011.  This drop is surprising, since new coal plants surged in 2012, as did new wind and solar capacity.

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