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Henry Hub Gas Price at $3.22/MMBtu Causes Switch to Coal Power



July 9, 2021 - Utilities in the United States switch to burning thermal coal as gas deliveries to power stations get more expensive amid rising Henry Hub prices, currently around $3.22/MMBtu. Coal power consequently gained 4% in market share to 24% while the share of gas power fell 3% to around 36%, according to US government analysis.