Coal Industry in Survival Mode as $10 Billion in Environmental Compliance Projects Planned at U.S. Power Plants
Attachment: coal fleet, unit closures
SUGAR LAND--June 27, 2016--Written by Andrea Moede for Industrial Info Resources (Sugar Land, Texas)--As any market analyst will attest, the Coal Industry has seen massive upheaval and decline over the past several years. There is no doubt that part of this trend is attributed to market forces, specifically the reduced cost of natural gas, which has replaced coal in the U.S. as the cheapest source of fuel. However, much of the speculation and hesitation currently bogging down the industry is a result of the heightened regulatory environment. Within this article: The number and cumulative value of air quality control (compliance) projects being tracked by Industrial Info.
