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Currents - Energy Industry Insights, Volume 6, Issue 10 | Spilman Thomas & Battle, PLLC

WVU Study Shows American Coal Industry Generates $261 Billion in Economic Activity, 381,000 Jobs - “The study, conducted by the West Virginia University Bureau for. ....

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Coal is still king in West Virginia, but for how long?


CHARLESTON — 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 state’s 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.
“This study clearly points out the significance of West Virginia coal to our economy and state,” said West Virginia Coal Association President Chris Hamilton. “We 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 ....

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