Natural Gas Demand increasing

[dan_s]

Per EIA:
So far in 2023, 10 natural gas-fired power plants have come online in the United States with a total of 6.6 gigawatts (GW) of electric generating capacity, according to our Monthly Electric Generator Inventory. By the end of 2023, we expect another six natural gas-fired power plants with another 1.8 GW of capacity to come online, bringing total 2023 capacity additions to 8.4 GW. The additions include both combined-cycle gas turbine (CCGT) plants and simple-cycle gas turbine (SCGT) plants concentrated near the Gulf Coast and Appalachia natural gas producing regions, and in Florida. In 2022, a total of 11 natural gas-fired power plants came online, adding 5.5 GW of capacity. Total natural gas-fired capacity additions increased in both 2022 and 2023 after consecutive declines in the prior three years.

In the next two years (2024 and 2025), we expect 20 new natural gas-fired power plants to come online with a total capacity of 7.7 GW.

Read more: https://www.eia.gov/naturalgas/weekly/