Tags: coal | use | record | low | pandemic | demand

Coal Use Plummets to Record Low With Pandemic Hitting Demand

Coal Use Plummets to Record Low With Pandemic Hitting Demand
(Vyacheslav Svetlichnyy/Dreamstime)

Wednesday, 29 July 2020 04:53 PM

Coal consumption in the U.S. has hit a record low as the pandemic slashes energy demand.

Power plants burned just 27.4 million short tons of the fuel in April, a 27% decrease from the previous year and the lowest monthly level in Energy Information Data going back to 1973.

Overall U.S. electricity consumption fell 4% year-on-year, to the lowest since November 2001, the EIA said in its Today In Energy report. The dip, driven by industrial and commercial users, comes as residential demand jumped 8%.

© Copyright 2020 Bloomberg News. All rights reserved.


   
1Like our page
2Share
Markets
Coal consumption in the U.S. has hit a record low as the pandemic slashes energy demand.
coal, use, record, low, pandemic, demand
85
2020-53-29
Wednesday, 29 July 2020 04:53 PM
Newsmax Media, Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved