Gas Prices, Mild Winter Push Coal Power Share Down

Law360, New York (March 9, 2012, 8:00 PM EST) -- Coal-fired electricity generation hit its lowest levels in more than three decades in November and December, falling below 40 percent of total electricity generation in the United States, according to figures released Friday by the U.S. Department of Energy. 

Competition from the booming natural gas industry and unusually warm weather pushed coal’s share of monthly power generation to 39 percent in the last two months of 2011, the first time it has been that low since March 1978, the Energy Information Administration said.

Coal still supplies...
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