According to the U.S. Energy Information Administration (EIA), 2015 was the first year on record that the average capacity factor of natural gas plants exceeded that of coal steam plants. All recent developments, historical low gas prices along with crush in oil, new technological innovations in shale production, indicate that natural gas will continue to be a premier energy source in US generation mix.
This presentation provides a high-level overview of:
- Natural Gas Market Conditions,
- Natural Gas as a Fuel Source for power generation
- Key components for an effective gas portfolio planning, and
- ABB’s solution footprint.