​US Electricity Generators Binge On Ultra-Cheap Gas – Tyler Durden

US Electricity Generators Binge On Ultra-Cheap Gas By John Kemp of Kemp Energy Exceptionally low gas prices have driven gas-fired generation to a record high in the United States, in the process eliminating most of the excess inventories inherited from the very mild winter of 2023/24. U.S. electricity generators produced a record 2,069 billion kilowatt-hours (kWh) in the first six months of 2024, an increase of 98 billion kWh (5%) compared with the same period a year earlier. Most of the extra electricity came from gas-fired units (+43 billion kWh), solar parks (+24 billion kWh) and wind farms (+19 billion…  — Continue at ZeroHedge News : Read More