AEO

Government forecasts are predicting a sharp drop in natural gas demand in the power sector in the coming decades based on an expectation that the renewable capacity build-out will accelerate and displace other sources. However, forecasts in the past decade have consistently and severely underestimated gas burn for power. In today’s RBN blog, we consider the pitfalls of forecasting gas consumption in a world often focused on pushing a renewables-heavy generation stack.