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King Coal Dethroned by Natural Gas, Shock Waves Continue in Coal Industry, an Industrial Info News Alert


July 17, 2012 - SUGAR LAND, TX

Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Natural gas dethroned King Coal in the electricity business, and the shock waves continue to rattle the coal segment of the Metals & Minerals Industry. For the first time since 1973, when the U.S. Energy Information Administration (EIA) (Washington, D.C.) started collecting data, electricity generated from natural gas-fired plants equaled generation from coal-fired plants. Each fuel provided 32% of total U.S. electric generation in April 2012, said EIA, the statistical and analytic arm of the U.S. Department of Energy (DoE) (Washington, D.C.). For that month, net electric generation from natural gas was 95.9 million megawatt-hours (mWh), essentially even with generation from coal at 96 million mWh.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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