Genscape coal burn falls 2 pct below same wk 2008
HOUSTON, April 24 (Reuters) - Genscape's U.S. national coal burn index last week fell 2 percent from the same week a year ago, but was unchanged from the previous week this year, a source at the industry data provider said Friday.
In the densely populated East, coal usage by power generators during the week ended Thursday was down 1 percent from the same week of 2008, but unchanged from the week ended April 16, Genscape figures show.
In the less populated West, coal consumption fell 18 percent from the same week last year and was 8 percent less than the previous week this year, the source said.
A combination of unseasonably mild weather, the deep economic slowdown and plentiful less costly power from nuclear and natural gas-fired plants is weighing heavily on coal use, Genscape data shows.
General Motors' announcement of an extended shutdown of vehicle manufacturing this summer will sharply cut consumption in the coal-dependent Midwest, the source said.
"If hot weather does not set in soon, then base load generation is likely to fall further in coming weeks," the Genscape source said.
There has been a rebound in power demand in the West South Central region, including Texas, but coal-fired generation is not keeping pace as nuclear and gas plants provide more of the additional electricity, the source said.
Rounding sometimes slightly overstates or understates changes from week to week, Genscape has said.
The regional indexes are calculated separately from the national index and do not always add up to a number equaling the separately calculated U.S. total, Genscape has said. Region April 23 Last wk Yr ago Pct wk Pct yr Nation 17.26 17.34 17.63 0 -2 East 15.16 15.22 15.26 0 -1 West 1.89 2.05 2.29 -8 -18 (Reporting by Bruce Nichols; Editing by Walter Bagley)
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