SOURCE: Industrial Info Resources
January 02, 2013 06:01 ET
SUGAR LAND, TX--(Marketwire - Jan 2, 2013) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- The future of North American new-build coal-fired generation is not as bleak as some analysts have claimed, according to Brock Ramey, North American Power manager for Industrial Info. Exactly how bright the future might be depends in large part on natural gas prices, he said in an interview. "When gas prices in some regional markets were about $3.25 or less per million British thermal units (MMBtu), utilities increased their dispatch of gas-fired power, and coal generation was temporarily idled," Ramey said. "But now that gas prices have risen to $3.75 or more per MMBtu in some regional markets, coal generation is being more frequently dispatched."
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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.
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