The U.S. Energy Information Authority (EIA) says that in 2012 it expects electricity generation from coal to decline by about 10 percent and generation from natural gas to increase by about 17 percent. Presumably this is being driven primarily by the low price of natural gas, but in the background there is the MATS standard released in December 2011 by the EPA and the proposed carbon emissions pollution standard from the EPA. Some analysts are forecasting that continued low natural gas prices will negatively impact investment in renewable energy.
The EIA is forecasting that in 2013 electricity generation from coal will increase by about 7 percent and generation from natural gas fall by 3 percent in 2013 as coal prices fall slightly while natural gas prices increase.
Be the first to comment