High Cost and Infrastructure Constraints Drive the Global EV Sales
United States’ Electricity Generation from Natural Gas makes New Records
By Shubhendra Anand , 17 February, 2025
The United States is moving fast towards renewable production. Among several reasons behind this transition, green energy transformation is the major one. The United States drilling activities have reduced in 2024. However, natural gas production in the United States remains at an all-time high in 2024. Further, this leads to high electricity generation from natural gas. A survey shows that the United States will generate the highest electricity from natural gas in 2024.
Based on this survey's data, the United States' electricity generation from natural gas made new records in 2024. Firstly, the nation suffered staunch criticism for the highest natural gas production. It rose despite the drilling activities having decreased since the beginning of 2024. However, excessive natural gas production meets the growing demand for electricity in the United States. Experts claim that the United States will hit a record in natural gas demand in 2024. The nation successfully stores this natural gas due to its high storage levels. Further, the natural gas prices for 2024 remain relatively low due to extensive storage facilities in the United States.
The surveys show that the United States's wholesale natural gas prices hit record lows in the initial months of 2024. This indicates the growing demand for electricity in the United States. It shows that electricity production from natural gas helps in the clean energy transition. Natural gas is a better alternative to fossil fuels regarding carbon footprints. Therefore, the United States' electricity demands fulfilled with natural gas are anticipated not to hinder the progress in the transition to clean energy.
Natural Gas Demands in the United States (2021-2024)
Latest News
High Cost and Infrastructure Constraints Drive the Global EV Sales
The automobile market has experienced a global slowdown since the beginning of 2024. However, the electric vehicle market plummeted over the period in 2024. Several constraints are behind the fall of electric vehicle sales, such as costly raw…
Hydrogen Trains in 2024 to Drive Sustainability
Hydrogen trains signify an essential development in the world's efforts to decarbonize transport. А Hydrogen-powered trains emerged as the fastest way of mobility, with specific coverage and significant developments in several areas, signifying a…
Mexico Energy Sector aims to Expand Clean Energy Transition by 2030
Mexico is progressing rapidly in the renewable energy sector, envisioning double its production by 2030. By 2024, 35% of electricity should come from clean sources, compared to 29% in 2022. With a focus on solar, geothermal, wind, and hydroelectric…
With Surge in Nuclear Power, Texas Positions itself as Clean Energy Leader
Nuclear energy has been gaining traction in the global market, as have its requirements from big corporations. Texas has begun its revival phase as one of the front-runners in this new economic race. An expanding demand for nuclear energy…
Small Nuclear Reactors may Help in the Progress of Clean Energy Transformation
Shubhendra Anand
Head Research
