Warmer weather and higher natural gas prices helped to increase utility coal burn in May, the US Energy Information Administration said Tuesday. In its latest monthly Short-Term Energy Outlook, the EIA estimated coal consumption increased by 24.4% or 9.6 million st month on month to 48.9 million st. EIA said coal accounted for 27.6% of May generation, compared with 32% from gas-fired facilities. In April, coal accounted for 25% of generation and gas 31.5%. Platts Coal Trader provides the latest prices for key benchmark coals, as well as: Daily pricing for tons and allowances for SO2 and NOx emissions The exclusive Platts OTC Broker Index, a market assessment compiled from three of the largest and most respected coal brokers What happened in yesterday’s OTC markets, and why An analysis of coal price trends in all major U.S. producing areas Details of how major coal companies are trading in the […]