Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, April 11, 2013

EIA PROJECTS COAL GENERATION GAINS DUE TO INCREASING GAS PRICES


EIA PROJECTS COAL GENERATION GAINS DUE TO INCREASING GAS PRICES
The increasing cost of natural gas relative to coal is expected to increase coal’s share of total generation from 37.4% in 2012 to 39.9% in 2013, according to the U.S. Energy Information Administration (EIA) April release of its Short-Term Energy Outlook (STEO). Though that would leave coal’s percentage below its 42.3% share in 2011, it indicates that gas may not be on an inevitable path to overtake a significantly greater share of the generation pie. Read More »http://www.powermag.com/POWERnews/5519.html?hq_e=el&hq_m=2651821&hq_l=8&hq_v=30108e0773

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