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The Energy Report - Demand! It's Only Natural!

Sr. Market Analyst at The PRICE Futures Group

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power industry retired 7.9 gigawatts of coal-fired generating capacity last year, which represents 2.5 percent of the installed coal capacity at the beginning of 2012. In comparison, power suppliers retired 2.6 gigawatts of coal capacity during 2011 and on average 1 gigawatt annually between 2006 and 2010. The coal‐fired capacity retired during 2012 was offset somewhat by the addition of five new coal‐fired generating units with a combined capacity of 3.6 gigawatts. " " Although more retirements are likely this year, EIA expects power generators to increase their use of existing coal capacity in response to higher natural gas prices relative to coal prices, leading to a 6.2-percent increase in coal generation during 2 013."

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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