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Commodities Briefing - Categorized | Energy, Market Moves more

Good news for coal? Demand to rise in 2013

Posted on 04 December 2012

The flurry of coal-to-gas switching among utilities is likely to slow in response to rising gas prices, which will give coal demand a boost next year, according to a new report from the Energy Information Agency.
The EIA projects coal production will rise to accommodate a 6 percent increase in demand from the electric power sector in 2013. This year, low natural gas prices forced coal to the side and plummeted its price………………………………………..Full Article: Source


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