Dept. of Energy’s Prediction About Coal

The U.S. Energy Information Administration, a part of the Department of Energy responsible for the collection and analysis of energy information, delivered some amazing news to the coal industry Tuesday.

“Coal-fired power plants are expected to be the leading source of U.S. electricity for the next two years, as the cost of coal is expected to rise by less than the cost of natural gas and renewable generation continues to grow,” announced EIA acting administrator Howard Gruenspecht, according to the Washington Examiner.

You Might Like

Because of “higher coal exports and more coal-fired electricity generation,” domestic coal production is experiencing a “boost,” he added.

In fact, while coal-produced energy made up 30 percent of the nation’s total electricity output last year, it’s expected to make up 32 percent in the second half of the year.

Read More

source: http://conservativetribune.com/dept-of-energy-coal-news/