Natural gas continues to grow

The Energy Information Administration (EIA) expects natural gas to account for 31% of electricity generation by fuel type by 2040. In the EIA’s Annual Energy Outlook (AEO) 2015, the administration predicts that the percentage of electricity of generated from natural gas will gain 4% of the market share on top of its existing 27% share in 2013.

Based off the AEO 2015 reference case, electricity consumption will increase at an average annual rate of 0.8% from 2013 to 2040, nearly in line with expected populat...

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