Power Plant O&M Services - Coal: Market Size & Forecast 2026

The global coal-fired power plant operations and maintenance services market stood at approximately USD 42 billion in 2025 (base year), on a structural decline trajectory of roughly -1.8% CAGR through 2032 as accelerating coal-plant retirements in North America and Europe compress the addressable fleet while Asia-Pacific maintains elevated MW-hours throughput. The dominant cost driver is labour and personnel, representing approximately 42% of O&M spend, against a backdrop of In February 2026, the US EPA finalized a rule repealing the stricter 2024 MATS amendments (such as the tighter filterable particulate matter and lignite mercury standards) and reinstating the baseline 2012 MATS standards, explicitly citing the need to reduce unnecessary compliance expenses and operating costs for power plant operators. under the EU Industrial Emissions Directive, the EU Emissions Trading System, and

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