March 2, 2014

Gas prices expected to decline in next 2 years

Gas prices are going to ease up a bit in the next two years and the amount of renewable energy in the country is going to continue growing at a rapid clip, according to the U.S. Energy Information Administration’s latest report.

Solar power generation from large-scale power plants is expected to surge, growing about 40 percent between now and the end of 2015, according to the EIA’s Short-Term Energy Outlook.

The U.S. is expected to get 0.4 percent of its electricity from large-scale solar power plants by 2015, including from the Solana Generating Station near Gila Bend, the only solar-thermal power plant with heat storage that allows electricity to be produced after sunset.

Read more...Gas prices expected to decline in next 2 years

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