real-time news and commentary for investors
Wednesday, Sep 12
2012, 10:49 AM
A growing number of coal-fired plants built to run almost constantly now may run only...
A growing number of coal-fired plants built to run almost constantly now may run only occasionally because of competition from gas-fired power plants that are cheaper to run. The trend of natural gas displacing coal likely will continue as companies seek ways to cut operating costs, especially those selling power into deregulated markets in the Northeast, Midwest, California and Texas.