# Analysis: Coal retirements could boost natural gas prices | Utility Dive

> Analysts expect a surge in US coal plant retirements starting in 2017, with Guggenheim forecasting 33 GW, double what has been announced. Gas storage has refilled slower than usual, and gas for March delivery is up more than 10% since last month.

- Date: 2016-10-17 · published 2016-10-17T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/10120-analysis-coal-retirements-could-boost-natural-gas-prices-utility-dive
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Coal retirements shift power generation toward gas, adding up to about 1 Bcf/d of demand per year and supporting gas prices, which raises energy costs for feed processing.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2024-06-28 | [Natural gas market developments: prices bouncing back from the cold](https://feedsoft.ai/events/29955-natural-gas-market-developments-prices-bouncing-back-from-the-cold.md) | -17.3% | -23.8% |
| NATGAS | 2022-01-19 | [High natural gas prices could lead to spike in food costs through fertilizer link \| S&P Global](https://feedsoft.ai/events/43069-high-natural-gas-prices-could-lead-to-spike-in-food-costs-through-fertilizer.md) | -6.1% | -2.4% |
| NATGAS | 2020-08-31 | [Natural gas prices \| European Gas Hub](https://feedsoft.ai/events/51817-natural-gas-prices-european-gas-hub.md) | -15.6% | -23.3% |
| NATGAS | 2021-01-19 | [China's shift from coal helped natural gas prices hit records: Eurasia](https://feedsoft.ai/events/49336-china-s-shift-from-coal-helped-natural-gas-prices-hit-records-eurasia.md) | -6.5% | +112.7% |
| NATGAS | 2021-09-25 | [Global Natural Gas Prices Are Soaring : NPR](https://feedsoft.ai/events/7926-global-natural-gas-prices-are-soaring-npr.md) | +9.7% | +1.4% |

## Sources

- utilitydive.com: https://www.utilitydive.com/news/analysis-coal-retirements-could-boost-natural-gas-prices/428395/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.