Coal & Natural Gas Power in the US - Industry Market Research Report

IBISWorld
September 30, 2014
38 Pages - SKU: IBSS5410924
Countries covered: United States

Coal & Natural Gas Power in the US

The Coal and Natural Gas Power industry has wavered over the past five years. Consumer demand for electricity sharply declined during the recession, lowering revenue for industry operators. Although demand has moderately recovered since 2009, increased electricity consumption has been unable to stimulate strong revenue growth during the period. In the five years to 2019, stronger economic growth is expected to stimulate greater demand for electricity. Consumers will increase electricity use in the home as incomes rise, businesses will expand into new office spaces that require more electricity to run, and industrial producers are expected to ramp up production. Power plants will also likely continue to invest in natural gas and other alternatives to coal-based electricity.

This industry operates fossil fuel-powered power plants, which burn coal and natural gas to power steam turbines that generate electricity. Industry operators sell generated power to regulated transmission and distribution utilities and on wholesale electricity markets. This industry does not include government-owned and operated power plants.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.




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