1. Reliable & Resilient The Value of Our Existing Coal Fleet An Assessment of Measures to Improve Reliability & Efficiency While Reducing Emissions May 2014 – www.nationalcoalcouncil.orgwww.nationalcoalcouncil.org

2. National Coal Council The National Coal Council provides advice and recommendations to the Secretary of Energy on general policy matters relating to coal and the coal industry. NCC is a Federal Advisory Committee organized under FACA legislation.

3. Study Leadership & Lead Authors NCC Chair ~ John Eaves, President & CEO, Arch Coal Coal Policy Comt. Chair ~ Fred Palmer, Sr. VP Peabody Energy CPC Vice Chair ~ Bill Brownell, Chairman, Hunton & Williams Study Chair & NCC Vice Chair ~ Jeff Wallace, VP, Southern Co. Study Technical Chair ~ Steve Wilson, GM R&D, Southern Co. Lead Author ~ Doug Carter, Independent Energy Consultant Author ~ Ed Cichanowicz, Independent Engineering Consultant Author ~ EPRI Team lead by Stu Dalton, Sr. Govt. Rep.

4. Secretary Moniz’s Request “What can industry and the Department of Energy, separately and jointly, do to facilitate enhancing the capacity, efficiency and emissions profiles of the existing coal generation fleet in the United States through application of new and advanced technology? Such a study would also address the jobs implications of modification and addition of equipment at existing coal fired power plants.” January 31 st, 2014

5. Polar Vortex 2014 “This country did not just dodge a bullet – we dodged a cannonball.” Nick Akins, CEO, American Electric Power

6. Polar Vortex 2014

7. Projected 2020 Energy Capacity by Fuel

8. Estimated U.S. Primary Energy Consumption

9. U.S. Electricity Generation by Energy Source

10. U.S. Generation by Fuel 2012

11. Generation Fuel Mix for All Power Generation Entities

12. Generation Fuel Mix for Cooperatives

13. Generation Fuel Mix for Public Power Utilities Source: AAPA

14. Levelized Cost of Electricity

15. Value of Existing Coal Fleet: Electricity Cost Savings

16. Source of U.S. Electric Power Source: Data from DOE/EIA

17. Average Retail Electricity Prices by State 2012 Source: Data from DOE/EIA

19. Fuel Price Volatility

20. Future Fuel Prices Source: Data from AEO-2014, DOE-EIA

21. “Boom” is Still Ahead for U.S.

22. Impact of Energy Costs on Discretionary Income Source: American Association of Blacks in Energy

23. 30% of Global Coal is in the U.S.

24. U.S. Coal-Fueled Electricity Supply Chain Figure Courtesy of Peabody Energy

25. Increasing Coal Use - Declining Emissions

26. Power Plant Emission Trends

27. U.S. GDP 1947-2013

28. Annual U.S. Electricity Generation

29. Monthly Generation from Natural Gas & Coal

30. Henry Hub Spot Prices

31. Natural Gas Price Predictions vs. Actual Price

32. U.S. Coal-Fueled Generating Capacity Additions

33. Coal Generating Capacity by State Based on EIA-FM 860 data

34. Projected Coal Capacity in 2025 Based on EIA-FM 860 data

35. DOE RD&D Budget for Coal Use Technologies

36. Power Plant Efficiency Opportunities

37. Coal Moisture Impact on Efficiency Source: Courtesy of E.ON.

38. Condenser Fouling & Turbine Heat Rate Source: Australian Government Department of the Environment

39. Schematic of Topping Cycle for Conventional Rankine Power Station

40. CCS Pilot & Demonstration Plant Timeline

41. www.nationalcoalcouncil.org www.nationalcoalcouncil.org/NEWS/NCCValueExistingCoalFleet.pdf Janet Gellici. EVP & Chief Operating Officer, NCC 202-223-1191 ~ jgellici@NCC1.orgjgellici@NCC1.org