Coal, Gas

EIA: Generation from coal to fall by 10 percent in 2012

Electricity generation from coal will decline by about 10 percent this year as generation from natural gas increases by about 17 percent, according to the April short-term forecast from the U.S. Energy Information Administration (EIA).

EIA also forecasts that electricity generation from coal will increase by about 7 percent, and generation from natural gas will fall by 3 percent 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.

Click here to view EIA’s most recent short-term forecast. (PDF)

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