Peabody, the world's largest private coal producer, projects 2013 US coal demand to rebound 45 to 55 million tonnes over 2012 levels amid rising coal fleet utilization. Higher natural gas prices are cited as a reason for the uptick in coal with the US Energy Information Administration (EIA) estimating that US coal-fired electricity generation will rise by 6.1% this year while natural gas-fired generation will fall by 9.8%.
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