U.S. coal-fired power generation is set for a short-term recovery this summer as higher prices of coal’s main fossil fuel competitor, natural gas, will discourage parts of gas-fired electricity generation. Natural gas prices are rising this year, and traded above $3 per million British thermal units (MMBtu) early on Monday, compared to less than $2 / MMBtu at this time last year. Reduced natural gas production and record-high American exports of liquefied natural gas (LNG) have fueled a rally in natural gas prices since the start of the year.…
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