Daily Archives: August 1, 2017

Cost Advantages of Electrical Generation Using Natural Gas

I have been reading about how low natural gas prices have been affecting the coal mining industry. Coal mining is affected because those coal-fired electrical generation plants that can switch fuels are converting to natural gas to achieve significant cost reductions. Also, natural gas can fuel peaking generators that are designed to provide peak load support. I had no idea what the price advantages were for natural gas so I surfed over the US Department of Energy's (DoE) web site and found two tables that provided a summary of the maintenance, fuel, and operating costs for different types of electrical generation. Continue reading

 
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