# Direct-Use Power Generation to Outpace Retail Sales Through 2050

> The EIA's Annual Electricity Outlook 2018 projects U.S. electricity use to grow steadily through 2050, with direct-use generation outpacing retail sales growth. Henry Hub gas prices are projected to average 14% lower through 2050 than in the 2017 reference case, owing to lower-cost Permian and Appalachian supply.

- Date: 2018-02-07 · published 2018-02-07T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/7452-direct-use-power-generation-to-outpace-retail-sales-through-2050
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Lower projected Henry Hub gas prices reduce long-run energy costs for feed processors and shift the fuel mix away from other generation sources. The forecast signals a sustained low-price environment for natural gas.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2023-02-01 | [Record US production growth to keep lid on 2023-2024 gas prices: EIA](https://feedsoft.ai/events/37943-record-us-production-growth-to-keep-lid-on-2023-2024-gas-prices-eia.md) | -7.6% | +1.2% |
| NATGAS | 2022-01-11 | [U.S. natgas output to rise, demand to ease in 2022 -EIA \| Reuters](https://feedsoft.ai/events/43322-u-s-natgas-output-to-rise-demand-to-ease-in-2022-eia-reuters.md) | +7.2% | +3.8% |
| NATGAS | 2024-07-18 | [IEA Forecasts Lagging LNG Demand, Further Global Natural Gas Price Slides Through 2024](https://feedsoft.ai/events/29454-iea-forecasts-lagging-lng-demand-further-global-natural-gas-price-slides.md) | +2.5% | +9.6% |
| NATGAS | 2023-02-01 | [EIA forecasts lower wholesale U.S. natural gas prices in 2023 and 2024](https://feedsoft.ai/events/37942-eia-forecasts-lower-wholesale-u-s-natural-gas-prices-in-2023-and-2024.md) | -7.6% | +1.2% |
| NATGAS | 2023-03-09 | [EIA expects US natural gas consumption to fall 2.4% in 2023 \| Oil & Gas Journal](https://feedsoft.ai/events/37036-eia-expects-us-natural-gas-consumption-to-fall-2-4-in-2023-oil-and-gas-journal.md) | -3.2% | -14.4% |

## Sources

- powermag.com: https://www.powermag.com/direct-use-power-generation-to-outpace-retail-sales-through-2050/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.