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Generation from coal to fall by 10% in 2012 - EIA

Steel News - Published on Fri, 13 Apr 2012

According to the April short term forecast from US Energy Information Administration said that electricity generation from coal will decline by about 10% this year as generation from natural gas increases by about 17%.

EIA also forecasts that electricity generation from coal will increase by about 7% and generation from natural gas will fall by 3% in 2013 as projected coal prices to the power sector fall slightly while natural gas prices increase.

The EIA has again bumped its estimate for domestic natural gas production this year. The U.S. is predicted to produce 69.22 billion cubic feet per day of natural gas, the EIA said in the April short-term forecast, compared with the 67.91 billion cubic feet per day of gas in its March forecast.

Source - www.power-eng.com

(www.steelguru.com)

Posted By : admin on Fri, 13 Apr 2012
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