The U.S. power market consistently has displayed cyclical characteristics of boom and bust over the last two decades. Today’s market environment has been directly and significantly impacted by the...
to rebound, offsetting some of the recent growth in natural gas. But if gas prices stay low (near the $2/MMBtu level), expect gas to garner an increasing share of the utility fuel generation mix. The mild winter and spring will result in lower fuel demand and continued competitive pricing for coal and natural gas.
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