Report: Natural gas boom has hurt coal, nuclear power

The U.S. Department of Energy’s long-awaited report on electricity markets and the power grid says the rise of natural gas has hurt the coal industry, according to the Pittsburgh Business Times. The newspaper says the report finds the natural gas boom — seen in southwestern Pennsylvania, eastern Ohio and northern West Virginia with the Marcellus and Utica shale plays — has been a big factor in the closing of coal-fired power plants and lower demand for coal and nuclear power. “The development of abundant, domestic natural gas made possible by the shale revolution also has produced significant value for consumers and the economy overall,” the report said. For more, read the full story.

National, Ohio, Pennsylvania, West Virginia