New estimates by the U.S. Energy Information Agency predict that coal consumption in 2012 will fall to the lowest levels since 1996. That is in line with earlier figures from the EIA that found coal generation was at a 30-year low in 2011.
The amount of coal consumed by the electricity industry dropped by about 5 percent this year, falling to the lowest level since 1995. Unlike the falling figures during the recession, the decline has more to do with natural gas. The EIA reported that the power sector's demand for natural gas was about 9 percent in 2011, a record high. |