North American coal power plants set to increase capacity

The consumption of coal in North America is expected to grow to 940.4 million metric tons (MMt) over the next eight years, as a result of increased demand from several planned US power plants due for completion by 2015, with a combined capacity addition of 11.5 GW, according to a report from GBI Research.

The report, Coal Mining Market in North America to 2020 – Carbon Emissions and Skilled Labor Shortages Likely to Limit Production, finds that coal consumption in the region is expected to remain strong, despite government regulation seeking to curb coal’s use. Last week the EPA released its first proposed Clean Air Act standard for carbon pollution from new power plants, said the Environmental Leader.

EIA forecasts that electricity generation from coal will increase by 3.8 percent in 2013, as projected coal prices to the power sector fall slightly while natural gas prices increase, and coal regains some of its power sector generation share.The consumption of coal in North America is expected to grow to 940.4 million metric tons (MMt) over the next eight years, as a result of increased demand from several planned US power plants due for completion by 2015, with a combined capacity addition of 11.5 GW, according to a report from GBI Research.

The report, Coal Mining Market in North America to 2020 – Carbon Emissions and Skilled Labor Shortages Likely to Limit Production, finds that coal consumption in the region is expected to remain strong, despite government regulation seeking to curb coal’s use. Last week the EPA released its first proposed Clean Air Act standard for carbon pollution from new power plants, said the Environmental Leader.

EIA forecasts that electricity generation from coal will increase by 3.8 percent in 2013, as projected coal prices to the power sector fall slightly while natural gas prices increase, and coal regains some of its power sector generation share.

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