The forecast for total support on coal for consumers in the US from 2024 to 2028 shows a steady increase from $234.65 million in 2024 to $237.33 million in 2028. From 2024 to 2025, the year-on-year growth is 0.29%, followed by 0.29% in 2026, 0.28% in 2027, and 0.27% in 2028. This suggests a gradual deceleration in growth rate. Over the five-year period, the compound annual growth rate (CAGR) is approximately 0.28%.
Future trends to monitor include:
- The impact of government policies on coal consumption and support.
- Technological advancements in alternative energy sources.
- Changes in consumer preferences towards sustainable energy.
- The economic viability of coal compared to renewable energy sources.
