Top US Utility Says Gas Can Meet Only a Fraction of Power Demand
Photographer: Shelby Tauber/Bloomberg
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NextEra Energy Inc., the biggest US utility and No. 1 developer of wind and solar generation, believes power plants fueled by natural gas can meet only a sliver of the unprecedented electricity demand growth forecast through the end of the decade.
Even in a best-case scenario, about 75 gigawatts of gas-fired generation could be built by the end of 2030, 16% of the 460 gigawatts needed overall, NextEra Chief Executive Officer John Ketchum said in an interview at CERAWeek by S&P Global conference in Houston.