Input substitution starts to take effect. What legislation could not do efficiently the marketplace does.
Coal-to-gas switching seen rising in West, Texas and Louisiana: Barclays
Houston (Platts)
Low natural gas prices will “for the first time” lead generators in Texas, Louisiana and the western US to begin switching from coal, Barclays Capital analysts are predicting.
While power generators in the Southeast, Northeast and parts of the Central Industrial region have been moving for some time to gas from coal because of the attractive economics, those in the other regions have been slower to make the change.
Michael Zenker, who co-wrote the report “Digging into the Coal Pile,” with market analyst Shiyang Wang, said in an email Wednesday that while the bulk of coal-to-gas switching continues to found be in the Southeast, …