Nearly 96% of recent annual U.S. coal production is used as fuel in electric power generation. In fact, coal supplies nearly 51% of the nation's energy. Nuclear, natural gas, and hydroelectric—the next three fuels on the list—are responsible for 19.8%, 16.7%, and 6.9%, respectively. These statistics make it apparent that coal will continue to be of major importance in power generation in the U.S.

Internationally renowned energy investment banker Matt Simmons has written that coal must stay as one of primary sources of energy in the U.S. and might even be more important in the future because North American natural...

First Page Preview

First page PDF preview
You do not currently have access to this article.