Tuesday, 10 May 2011
According to Genscape Inc, coal consumption in the US decreased 2.5% in the week ended May 6th 2010 from the previous seven day period, with losses in both the East and West.
The data provider said that Western power plant use fell 1.2% while demand in the East slipped 3.4%. Overall coal demand was down 9.8% from a year earlier.
Genscape said that it monitors coal use in real time at US power producers with a device that’s installed at the plants. The company uses different models to reach its consumption figures, making it possible for regional data to conflict with national totals.
The US which holds the world's largest reserves of coal, relies on the fuel for about 47% of its power generation, compared with about 23% for natural gas.
(Sourced from Bloomberg)
According to Genscape Inc, coal consumption in the US decreased 2.5% in the week ended May 6th 2010 from the previous seven day period, with losses in both the East and West.
The data provider said that Western power plant use fell 1.2% while demand in the East slipped 3.4%. Overall coal demand was down 9.8% from a year earlier.
Genscape said that it monitors coal use in real time at US power producers with a device that’s installed at the plants. The company uses different models to reach its consumption figures, making it possible for regional data to conflict with national totals.
The US which holds the world's largest reserves of coal, relies on the fuel for about 47% of its power generation, compared with about 23% for natural gas.
(Sourced from Bloomberg)
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