Will renewables kill gas too?

oilprice.com has an interesting piece up about gas demand.

The juice:

However, instead of natural gas replacing coal, renewables are already starting to capture most of the new market demand. In 2016, the U.S. could add 26 GW of new electricity capacity, but gas will only make up 8 of those GW. The rest will come from solar and wind.

and

But, with renewables increasingly filling the void left over by shuttered coal-fired power plants, the IEA sees that the huge upside potential for natural gas because of the death of coal is actually close to being exhausted. Natural gas has already picked all of that low hanging fruit. From here on out renewables will eat coal’s lunch, not gas. The IEA concludes that these dynamics will leave “gas-fired generation in 2021 at a level broadly similar to that of 2015.”

http://oilprice.com/Energy/Natural-Gas/Natural-Gas-Is-Already-Losing-To-Renewables.html

If Asia installs wind and solar instead of gas power generation, Australia's LNG plants are toast.  Low gas prices will impact CSG more than CTP's conventional supply so that is where the pain will be felt.

Enjoy.

Ash