30 Mar '12, 3pm

Coal Consumption Drops to Lowest Level Since 1996: New estimates by the U.S. Energy Information Agency expect

Coal Consumption Drops to Lowest Level Since 1996: New estimates by the U.S. Energy Information Agency expect

New estimates by the U.S. Energy Information Agency predict that coal consumption in 2012 will fall to the lowest levels since 1996. That is in line with earlier figures from the EIA that found coal generation was at a 30-year low in 2011. The amount of coal consumed by the electricity industry dropped by about 5 percent this year, falling to the lowest level since 1995. Unlike the falling figures during the recession, the decline has more to do with natural gas. The EIA reported that the power sector’s demand for natural gas was about 9 percent in 2011, a record high. The overall share for natural gas is projected to rise from 24.8 percent in 2011 to just over 27 percent in this year, while coal will drop from 42.2 percent to 40.4 percent. Coal is clearly still king, but new rules from the U.S. Environmental Protection Agency regarding carbon emissions and power plants co...

Full article: http://www.greentechmedia.com/articles/read/coal-consumpt...

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