February 2, 2016 Read More →

U.S. Electricity Reliance on Coal Drops to 35-Year Low

From Reuters:
U.S power generation from coal fell to the lowest monthly level in 35 years in November 2015 as generators switched to cleaner and cheaper natural gas, according to federal data.

Gas overtook coal as the leading source of U.S. power for a fifth month in a row in November, according to the latest data available from the U.S. Energy Information Administration. The first month in history that gas overtook coal was April 2015.

With just one month of data missing in 2015, some analysts think power companies may have burned more gas than coal for the full year for the first time in history.

Coal has been the primary source of fuel for U.S. power plants for at least a century, but its use has been declining since peaking in 2007 and is expected to decline further as the federal government imposes rules to limit carbon emissions.

EIA said generators produced 101,866 thousand megawatt hours (MWh) of electricity with gas in November versus just 87,789 thousand MWh with coal, the lowest monthly level since May 1980 when monthly coal use was 84,884 thousand MWh.

Despite gains for gas usage over the past several months, coal was still the dominant fuel source for power for the first 11 months of 2015.

That’s because generators used a lot of coal last winter during January and February when the polar vortex was freezing much of the country and gas was trading its most expensive levels for the year – around $3 per million British thermal units.

Full article: Monthly coal use for U.S. power fell to 35-year low in November: EIA