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CHARLESTON â A recent study commissioned by the West Virginia Coal Association and conducted by the West Virginia University Bureau for Business and Economic Research, shows in 2019 the coal mining industry and coal-fired power plants generated approximately $14 billion in economic activity for the state. The industries supported 17% of the stateâs total economic output or one out of every six dollars generated, the study showed. For context, total economic output for the state (GDP) was around $77 billion. âThis study clearly points out the significance of West Virginia coal to our economy and state,â said West Virginia Coal Association President Chris Hamilton. âWe hope more people realize we have a special coal-based electric power system second to none. We have a very sophisticated fuel supply and electric generating infrastructure in West Virginia which is both reliable and low cost. We have among the lowest cost electric rates in our region a ....
This photo taken Nov. 26, 2017, shows the John E. Amos coal-fired power plant operating on the banks of the Kanawha River. The plant was upgraded to meet new environmental regulation standards by 2015 and needs more upgrades to meet newer standards. (Craig Hudson/Charleston Gazette-Mail via AP) File photo | HD Media ....