From The 10 Point : My Guide to the Day's Top News
Gerad Baker-Editor in Chief, WSJ
Stepping On the Gas
The two-year reign of natural gas as the top fuel for producing electricity in the U.S. is being put to the test . State regulators, renewable-energy advocates and environmental groups are arguing that some existing and proposed gas plants aren't needed or should be replaced by renewable energy. Natural gas accounted for nearly 32% of U.S. power generation in 2017, up from 22% a decade earlier. Coal accounted for 30%ódown from 49% over the same time spanówith nuclear at 20% and wind and solar combined at 8%, rising from less than 1% a decade earlier. While gas is projected to remain the top electricity maker in the long term, it is facing a backlash in states including Arizona, Massachusetts and Michigan. However, nowhere is gas under more fire than in California, where regulators are rejecting new plants and looking to get rid of older facilities. The state's move away from natural gas is driven by aggressive environmental goals, including getting 50% of its power from renewable energy sources by 2030. Currently, 30% of California's power comes from renewables, according to the state.
Gerard Baker/ The Wall Street Journal /March 19 2018
WSJ The 10 point was taken from the daily brief mail by the Wall Street Journal, on 03/19/ 2018. The views are not necessarily those of Petroleumworld