SOURCE: Industrial Info Resources

Industrial Info Resources

April 25, 2011 06:30 ET

Experts: Coal Exports Will Offset Projected Declines in U.S. Electric Mix, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Apr 25, 2011) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Coal companies face declining demand for their product from U.S. Power companies, but rising demand for coal in China and India will offset declining demand for coal among U.S. electric generators, speakers told a webcast on the "Future of Coal Generation" on April 21.

Coal's fortunes in the U.S. could brighten if natural gas prices rise to about $6 per million British thermal units from its current level of about $4.50, Mark Griffith, managing director for the power market analysis practice at Black & Veatch (Overland Park, Kansas), told the attendees.

Readers can track the development of projects in the Power and the Metals & Minerals industries, including coal export terminals, using IIR's databases, which are updated daily by hundreds of researchers working on five continents around the world.

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Industrial Info Resources (IIR), with world headquarters in Sugar Land, Texas, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to powergroup@industrialinfo.com or visit us online at www.industrialinfo.com.

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