| Subject: | EIA, forecasts, energy markets |
| Presented by: | Stephen Nalley, Deputy Administrator |
| Presented to: |
U.S. Senate Committee on Energy and Natural Resources Washington, DC—November 16, 2021 |
Electricity generation from units that primarily consume coal in the U.S. Lower 48 states decreased for all hours of the day by about 23% between 2021 and 2023, according to our Form EIA-930, Hourly and Daily Balancing Authority Operations Report. Most of the decline occurred between 2022 and 2023, when coal-fired generation fell 19% and the average natural gas spot price at the Henry Hub decreased by more than 60%. More ›
Data source: U.S. Energy Information Administration, Hourly Electric Grid Monitor