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Jun 17, 2012

US Coal-Produced Electricity To Fall To The Lowest Level Since 1949!

As we reported in March, coal currently accounts for less than 40% of US electricity production. But now new research from IHS CERA reveals that coal use in the US has dropped to the lowest level since 1949, as the nation switches to natural gas and cleaner, cheaper alternatives. This year, US utilities firms are forecast to burn 808 million tons of coal, a 13% decline from last year and the fewest tons since 1992. Amazingly, this is the lowest level of coal-produced electricity since the government began collecting this data in 1949, but what’s even more impressive is the speed at which it is happening. Four years ago, the amount of electricity that came from coal was 50% and by 2020, it is expected to account for just 30% of the country’s power supply.

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