Renewable Energy Overtakes Coal in US Electricity Production.
TL;DR Summary
Coal prices have fallen significantly due to mild weather and falling natural gas prices, but they still remain more expensive than natural gas in the US. The drop in coal prices has to be even more significant for it to become price-competitive with natural gas. Last year, renewable energy surpassed coal-fired generation in the US electric power sector for the first time.
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- Coal Prices Tumble While Use of Wind Power, Solar Energy Leaps Ahead The Wall Street Journal
- U.S. Energy Information Administration EIA
- US renewable electricity surpassed coal in 2022 | KSL.com KSL.com
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