EIA: Renewables will cut into coal, natural gas power production

 Most growth in Texas, California

U.S. power generation from new renewables capacity—mostly wind and solar—will reduce generation from both coal-fired and natural gas-fired power plants in 2023 and 2024, according to the U.S. Energy Information Administration (EIA).

The EIA’s latest Short-Term Energy Outlook forecasts that new solar and wind projects coming online in 2023 will…

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