Fossil Fuel Power Generation Industry Overview

Companies that engage in the generation of electricity from fossil fuel power plants for sale in regulated markets.

Full Fossil Fuel Power Generation Industry Description

Use of Renewable Sources

Issues concerning safety (nuclear); long-term cost (petroleum and natural gas); and greenhouse gases (coal) are complicating and making more expensive the approval process for new power plants. Federal and state legislatures are actively encouraging development of electric power from wind, solar, geothermal, and hydro sources. A number of states have set capacity targets for the amount of power produced using renewable sources.

Full Fossil Fuel Power Generation Industry Trends

• Eggborough Power Limited
• Midland Cogeneration Venture Limited Partnership
• Ohio Valley Electric Corporation

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Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Fossil Fuel Power Generation maps to a number of NAICS codes including:

Full Fossil Fuel Power Generation Industry Codes

• American Gas Association
  
• American Public Power Association
  
• Electric Power Supply Association
  

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