Coal’s Back in the Doldrums in America’s Electricity Mix

Coal’s contribution to U.S. power generation has slipped to where it was before Donald Trump became president, despite his repeated vow to bring back the industry. The fossil fuel accounted for just 24 percent of America’s power mix in April, the lowest level since March 2016 and about half its market share when George W. Bush was in the White House, according to data from the Energy Information Administration. The pressure on coal has ratcheted up amid competition from cheap natural gas — which had about a third of the market in April — and growth in renewables.

Published in Bloomberg, 27th June, 2018