EIA: Continued decline in coal generation expected this summer

first_imgEIA: Continued decline in coal generation expected this summer FacebookTwitterLinkedInEmailPrint分享Associated Press:U.S. demand for coal to generate electricity will keep sliding in coming months, federal officials said Thursday, despite efforts by the Trump administration to shore up the struggling industry.Renewable energy sources including wind, solar and hydropower are expected to fill much of the gap left by coal’s decline, according to the Energy Information Administration. It’s particularly true for Western states, where renewables will provide almost a quarter of the power to households and businesses during the peak summer season, the agency said in its projections.Natural gas is expected to remain the fuel of choice for power generation with an expected 40% share of U.S. markets this summer.Coal’s share of power generation is projected to be 25% this summer. That’s down roughly half over the past decade and follows a wave of coal plant retirements by utilities seeking cheaper and cleaner-burning alternatives.“This decline is relentless,” said Seth Feaster, who tracks the coal industry for the Institute for Energy Economics and Financial Analysis. The Ohio-based group advocates for a transition to more sustainable energy sources. “The question is how low can it go,” Feaster added. “Coal is really facing tremendous obstacles in terms of competition from natural gas from fracking and continuing price declines for renewables.”Meanwhile, plant retirements continue to stack up, including in the heart of coal country. PacifiCorp announced in late April that one Wyoming coal-fired power plant and part of another could be retired as early as 2022 as the company tries to keep down costs for its customers. The Oregon-based utility plans to significantly increase the amount of electricity it generates from wind turbines and solar farms.More: Officials: Coal to keep sliding as renewables, gas fill gaplast_img read more