Coal Makes a Comeback?
Posted on Jun 20, 2012 in Climate Change, Environmental, Renewable Energy | Comments Off on Coal Makes a Comeback?
The Energy Information Administration (EIA) is predicting a slight rebound for coal’s share of U.S. baseload generation in 2013 due to projected higher natural gas costs and record coal stocks. In its July 12 energy forecast, the EIA calculated that electricity powered by coal will increase about 3 percent in 2013, compared to a projected 13 percent decrease predicted for 2012. This news may be particularly pleasing for end users, who are predicted to enjoy lower electricity prices based on depressed coal costs. Click here for more.
