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Saturday, October 1, 2011

US coal consumption up 3pct last week - Genscape

Saturday, 01 Oct 2011

Reuters quoted data from power industry data monitor Genscape showed that US coal consumption rose 3% last week versus the week before but stayed unchanged from a year earlier.

Warmer weather spread last week in the populous East, WSI Corp weather service said. A slight uptick in nuclear plant outages boosted coal use despite cheapening natural gas.

Coal use swings up and down seasonally, and varies from week to week and region to region, depending on electricity demand to run air-conditioners or heaters.

Coal plants produce slightly less than 50% of US electricity. Power generation accounts for more than 90% of US coal consumption.

(Sourced from Reuters)

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