A new report, conducted by ICF, is predicting that the decline in U.S. coal production will come to an end.
Low natural gas prices driving coal-fired power plants to convert to natural gas and the regulations on CO2 emissions were biggest factors affecting coal. The report goes on to say that these factors are likely to lessen its impact on the coal sector in years to come.
ICF also expects emissions standards to be flexible for states, ultimately limiting the number of coal plant retirements.
U.S. coal production from the Pacific Basin can be used internationally as a source of fuel for foreign generators and utilities. If all seven of the Pacific Northwest and five of the Gulf Coast export terminals are built or expanded, annual coal export capacity has the potential to triple.
To download the report, click here.