Summary
Peabody Energy has requested Hill & Associates, Inc to evaluate the potential economic benefits of constructing and operating a large coal-fueled power plant in the Midwest, compared to developing and operating a plant of similar size fueled by natural gas. This report presents the results of our analysis, which shows that coal has a much more favorable economic impact. The numbers presented are representative of the state-wide economic impacts that would be associated with development of a new power plant in any of the several mid-western states that produce coal.