• 4 minutes England Running Out of Water?
  • 7 minutes Trump to Make Allies Pay More to Host US Bases
  • 10 minutes U.S. Shale Output may Start Dropping Next Year
  • 14 minutes Washington Eyes Crackdown On OPEC
  • 1 hour One Last Warning For The U.S. Shale Patch
  • 3 hours Oil Slips Further From 2019 Highs On Trade Worries
  • 1 day Once Upon A Time... North Korea Abruptly Withdraws Staff From Liaison Office
  • 17 hours Modular Nuclear Reactors
  • 1 day Poll: Will Renewables Save the World?
  • 2 hours Climate change's fingerprints are on U.S. Midwest floods
  • 2 days Chile Tests Floating Solar Farm
  • 1 hour Telsa Sales in Europe
  • 57 mins 3 Pipes: EPIC 900K, CACTUS II 670K, GREY OAKS 800K
  • 3 hours Read: OPEC THREATENED TO KILL US SHALE
  • 2 days China's Expansion: Italy Leads Europe Into China’s Embrace
  • 2 days China's E-Buses Killing Diesel Demand
  • 2 days Trump sells out his base to please Wallstreet and Oil industry
  • 2 days New Rebate For EVs in Canada

EIA: Beleagured Coal Loses More Power Generation Market Share

Consumption of coal used for electricity generation in the U.S. electric power sector fell 29 percent from its peak of 1,045 million short tons in 2007 to an estimated 739 in 2015, the U.S. Energy Information Administration (EIA) said in a press release.

The record lows are explained by abundant natural gas, cheap wind and solar energy and state efforts to curb greenhouse gas emissions.

"The price and availability of fuels other than coal have had a major effect on coal consumption since 2007," the administration said. "Increased supply of natural gas and a resulting natural gas price decline spurred increases in natural gas-fired power generation in several states, generally at the expense of coal-fired generation."

Related: Oil Prices Edge Lower As OPEC Nears Record Output

Except for Nebraska and Alaska, coal use tumbled in every state. The biggest declines occurred in Ohio and Pennsylvania, thanks to booming natural gas development from the Utica and Marcellus shale formations, which resulted in drops of 49 and 44 percent in coal consumption, respectively.

In 2015, coal concerned 37.9 percent of electric power generation while gas made up 27.2 percent and renewables 14.1 percent. That figure began dropping with coal-fired plants being closed down as a result of implementation of the U.S. Environmental Protection Agency's Mercury and Air Toxics Standards and falling gas prices.

Related: Halliburton-Baker Hughes Merger Officially Dead

Prior to 2015, coal was the dominant natural resource used in the production of power. Currently, in the United States, 97 percent of all steam coal is used to generate electricity. There was almost zero growth in electricity sales in most states between 2007 and 2015.

The price and availability of fuels other than coal have had a major effect on coal consumption since 2007. Increased supply of natural gas and a resulting natural gas price decline spurred increases in natural gas-fired power generation in several states, generally at the expense of coal-fired generation.

By James Burgess of Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News