Electricity consumption in the Coal and Natural Gas Power industry has stagnated over the past five years, as a result of increased energy efficiency and depressed industrial production. Additionally, a decline in fossil fuel prices has resulted in low electricity rates, further cutting into revenue. While coal-based power generation still dominates the power production realm, the industry has become increasingly focused on natural gas. While natural gas prices have traditionally been low, the excess in production as a result of the shale boom has pushed prices even lower. But economic growth is expected to stimulate greater demand for electricity. This, in combination with higher retail electricity prices, is expected to drive industry revenue growth over the five years to 2022. Despite concerns over environment regulation, increasing natural gas prices will slow the industry's increased use of the resource over the coming years as coal based power recovers slightly.
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.