Renewable energy is projected to crowd out coal-fired and nuclear generation and even overtake natural gas as the dominant fuel for power generation by 2045, under the main reference case considered by the Energy Information Administration in its 2020 Annual Energy Outlook released Wednesday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now A separate case assuming lower costs for renewables expects faster acceleration of renewables use, allowing gas-fired generation to level off starting in the 2020s. Pointing to declining capital costs and more aggressive renewable portfolio standard targets set by some states, the outlook expects renewable generation to grow faster than overall electricity demand. Slow load growth, with electricity demand projected to remain close to historical lows through 2050, “means the […]