Coal-fired generation is losing more market share in the U.S. power supply market as cheap natural gas prices entice generators to switch fuels. Just this year, coal-fired generation has fallen below nuclear generation three times. Before that, coal generation had only fallen below nuclear once, for a short period, in December. With Henry Hub forward-curve gas prices below $2 per million British Thermal Units through July, coal’s share of the power market will continue to cool, according to Genscape data.
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