Despite the popularity of alternatives, coal-fired power will continue to be the leading type of power generation in the near term. This year coal-fired power plants will spend $390 billion for new facilities and $579 billion for upgrades, repairs and replacements. This results in a total expenditure of $969 billion. Each of the thousands of projects and power plants which will be spending this money are identified in two McIlvaine publications, Utility Tracking System and Chinese Utility Plans. The reason that China is singled out separately is that its purchases will equal those of the other countries combined. Click Here For Complete News Release Text
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