Industry Analysis & Industry Trends
Economic growth and rising industrial activity will provide a strong foundation for revenue growth over the next five years. Consumers will increase their electricity use as incomes rise, and expanding businesses will support demand for electricity as well. Furthermore, concerns over greenhouse gas emission will stimulate demand for natural gas. While renewable energy-based generation will pose a competitive threat to the industry, it will not likely grow significantly over the next five years... purchase to read more
Industry Report - Industry Analysis Chapter
The Coal and Natural Gas Power industry has grown marginally during the five years to 2013. IBISWorld expects revenue to grow at an average rate of 1.0% annually to $107.0 billion over this period. Despite declines in demand for electricity during the recession, customers demanded energy at accelerating rates in the years leading up to the recession and have resumed this demand during the economic recovery. Rates have increased across the board for residential, commercial and industrial customers of electricity as businesses have picked up since the recession. In recent years, industry firms have invested more in natural gas-based than in coal-based generation... purchase to read more