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Bloomberg reported that according to Moody’s Investors Services, it seems the switch from coal generated electricity to natural gas electricity looks to be permanent.
Bloomberg reported that according to Moody’s Investors Services, it seems the switch from coal generated electricity to natural gas electricity looks to be permanent.
Moody’s Vice President and senior analyst, Anna Zubets-Anderson commented:
Coal will regain a bit of market share as natural gas prices recover somewhat, but most coal-to-gas substitution to date will be permanent.