September 27, 2013 admin

Coal Reliance For Electricity Puts Pressure on Obama Climate Rules

coalThe amount of electricity generated by natural gas dropped 14% in the first seven months of the year while coal use rose, according to government data that underscore the possible impact of planned new Washington regulations on power plants.

While natural gas is playing a bigger role in power generation relative to coal than it did a few years ago, the trend isn’t necessarily inexorable. When natural-gas prices swing upward, coal can regain ground.

That’s what happened in the first seven months, as power generated by coal rose 7.5%, according to the Energy Information Administration. Coal accounted for 39% of all U.S. power generation in that period, compared to 27% for natural gas.

If market forces are giving coal a greater role, that raises the stakes for federal regulation. The Obama administration said this month it plans to impose strict greenhouse-gas standards on new power plants, effectively ruling out new coal-fired plants using conventional technology. The Environmental Protection Agency is also starting to develop new standards for existing power plants, which could reduce the use of coal plants even further.

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admin Donny started ElectricityBid.com back in 2007 from his parents basement and has since married his wife Melody and had three sons, John Adam (7) and Noah (4) and our new 20 month old son. He enjoys tech related things, softball, kickboxing, going to the gym, excursions and activities together with his wife Melody. Our service allows you to shop and compare commercial and residential electric rates and providers. Would you take the time today to try our service and see how you like it. Thank you! and God Bless You!

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