Fossil Fuel Power Generation Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 6/12/2017
SIC Codes: 4911
NAICS Codes: 221112
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Fossil Fuel Power Generation Industry Profile

Companies in this industry operate electric power generation facilities that produce electrical energy from fossil fuels. Major companies include American Electric Power, Duke Energy, and Southern Company (all based in the US); along with China Power, NTPC (India), SSE (UK), and Tokyo Electric Power Company (Japan).

Power producers worldwide generate about 24,000 terawatt hours (TWh) of electricity, according to the International Energy Agency. Fossil fuels -- primarily coal and natural gas -- account for about 65% of that total. Among countries, leading electricity generators are China, the US, India, Russia, and Japan. About 17% of the world's population does not have access to electricity. This unmet demand will drive industry growth, primarily in India and in several countries in Africa.

The US fossil fuel-powered electricity generation industry consists of about 1,400 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $80 billion.

Government entities and cooperatives that own generating plants are not included in US statistics for the industry. Companies that transmit and distribute electricity are covered in the Electric Power Transmission, Distribution & Marketing industry profile. Companies that generate electricity from both renewables and fossil fuels are covered in the Electric Power Generation profile. Companies that generate electricity only from wind are covered in the Wind Power Generation profile. Companies that generate electricity only from the sun are covered in the Solar Power Generation profile.

 
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