Clean Coal Electricity Technology Market to hit $85 billion by 2020 Says New Report

Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report.

The report “Clean Coal Technologies Markets and Trends Worldwide: 2nd Edition” states that close to 7 billion tonnes of coal were produced globally in 2010, with more than 40% of global electricity being coal powered. On a cost of production basis, the global market value of coal-fired electricity exceeded $400 billion. Nonetheless, conventional coal power generation is a leading contributor to global greenhouse gas emissions and is increasingly being regulated. Further, clean and renewable energy sources are beginning to challenge conventional fossil fuels.

According to the 242 page report, clean coal technologies that improve the environmental performance of coal power generation are expected to enable coal to remain an attractive fuel option well into the future. Several clean coal technologies that increase efficiency of coal power plants and reduce emissions are actively being developed and deployed to meet these challenges. As development and adoption of these technologies has increased, the world value of electricity generation using clean coal technologies has concurrently grown to $63 billion in 2010 and is to increase to grow to $85 billion by 2020.

Find more reports about the clean coal market at Reportbuyer.com the online store for global business information. The website now lists more than 200,000 company overviews, market research reports, industry studies and business books from over 300 specialist publishers. Thousands of professionals from across the world make ReportBuyer.com their first choice in their search for quality business insight.

press@reportbuyer.com

t. 44 (0) 20 7060 7474

Tags: