SOURCE: Industrial Info Resources

Industrial Info Resources

August 04, 2014 06:15 ET

Black & Veatch: U.S. Energy Markets to Get Gassier, Greener, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Aug 4, 2014) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- The U.S. electricity mix will get greener and gassier during the next 25 years, but continued growth of natural gas production from shale formations will moderate gas price increases in the near term, according to an energy market outlook released by Black & Veatch (B&V) (Overland Park, Kansas) last week. As natural gas evolves into the predominant fuel in electricity generation, power prices will increasingly be tied to gas prices, Rob Patrylak, managing director of B&V's Planning and Energy Markets service, said on a web conference August 1.

Within this article: Details on the impact of growing U.S. natural gas production on coal-fired power production.

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