Friday, August 23, 2013

Coal Whips Gas In 2013 Power Markets: Coal Generation Rises 10% And Gas Falls 13%

In the first half of 2013, coal whipped natural gas in power generation markets. Coal generation is up 10% or 72 billion kilowatt-hours in the first 6 months of 2013, compared to the same period in 2012.

Just 8 states generated less coal-fired electricity in the first half of 2013, while 40 states generated more.  Vermont and Rhode Island have zero coal generation.

Coal's gain is coming at the expense of natural gas.  Natural gas generation is down 13.7% or 81 billion kwhs in the first half of 2013.  All but 7 states generated less electricity with gas this year than in 2012.

The rise in coal of 72 billion kilowatt-hours is almost matched by the decline of 81 billion kilowatt-hours of natural gas.  Competition for sales remains intense between coal and gas.

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