Thursday, May 23, 2013

Coal Surges Back To 40% Generation Market Share & Gas Slumps To 25% In First Quarter

Coal-fired generation recovered strongly in the first quarter of 2013, when it provided 40% of America's power generation.  Coal's gain came at the expense of natural gas that saw its market share drop from 30% for all of 2012 to 25% in the first quarter of 2013.

If natural gas prices move this year to $5 per thousand cubic feet, as some predict, coal's recovery will gain more steam in the months ahead.

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