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EIA Predictions for 2019

January 02, 2019

US solar generation will rise to 303,000 MWh/d in 2019 (an increase of 13%).

Despite low inventory levels, EIA expects strong growth in U.S. natural gas production to put downward pressure on prices in 2019. EIA expects Henry Hub natural gas spot prices to average $3.11/MMBtu in 2019, down 6 cents from the 2018 average.

Total retail sales of electricity are forecast at 10.32 billion kWh per day, down from 10.44 in 2018. The industrial sector is the only one with a projected increased, from 2.63 to 2.66 billion kWh per day. Commercial sales are forecast to decrease from 3.77 to 3.75 billion kWh per day and Residential sales from 4.02 to 3.89 billion kWh per day.