POV: Power Breakfast

Power Breakfast for June 10, 2016

Natural gas is the leading fuel for power generation; Texas ranks in the top 10 of states with leading economies


POV: Power Breakfast

A nearly daily update of energy-related news:

  • According to data released by the EIA, natural gas continues to be the leading fuel for power generation, supplying 32.1 percent of total U.S. electricity at utility-scale power plants in Q1 2016. The EIA expects natural gas to supply 34.4 percent of total generation in 2016, up from 32.7 percent in 2015.
  • Texas was ranked in the top 10 of states with the best economies in a recent study from WalletHub. The study compared the economic performance of all 50 states and the District of Columbia across three areas – economic activity, economic health and innovation potential. Texas has the second-highest GDP growth, just behind North Dakota and tied with Washington and Louisiana for the top spot in the exports-per-capital category. However, the state was ranked 34th for economic health (data looked into the state’s unemployment rates, median annual income and foreclosure rates) and was ranked 20th in innovation potential.
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