Natural Gas Matches Coal as Top U.S. Power Fuel: BGOV Barometer
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Natural gas matched coal as the primary fuel for U.S. power generation this year for the first time since the government started collecting data.
The BGOV Barometer shows natural-gas fired plants provided 32 percent of generation in May, close to coal’s 34 percent share, after the two fuels were in a virtual tie in April, according to the Energy Information Administration. Low prices are benefiting power generators such as Calpine Corp., the biggest U.S. producer of electricity from natural gas.