U.S. Coal-Gas Switching

Daily Thermal Power Analysis

Highlights:

• Coal saw its lowest share of the thermal power stack in the US ever on March 16th, 2024 at 22.7%

• Latest Natural Gas: 3,622,465 MWHrs

• Latest Coal: 1,138,675 MWHrs

• Trailing 12M Coal Generation is Down -11.8% Versus Natural Gas Up 6.1%

• Coal Has Ranged From 23.9% to 26.1% Of the Thermal Stack Over the Last 7 Days