U.S. COAL DOWN
IEEFA - The U.S. Energy Information Administration is expecting domestic coal-fired power generation this year to reach its lowest level in over 70 years.
In its Short-Term Energy Outlook released March 12, the federal agency forecasts coal's share of U.S. generation to fall from 27% in 2018 to an average of 24.6% in 2019 and roughly 23% in 2020 due to markets favoring cheaper natural gas-fired generation. In an accompanying statement, EIA Administrator Linda Capuano said this is the first time since 1949, the earliest year listed in EIA's "Monthly Energy…
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