Goals
According to the Department of Energy, new technology and work being done by their Office of Fossil Energy might double the efficiency of coal-fueled plants within the next 15 years. Higher efficiency means more economical electricity for the public, and less greenhouse gases for the planet.
Effects
Worldwide, the average efficiency of all coal fueled power plants currently is about 31%. This leaves a lot of room for improvement, and offers a great potential to reduce coal usage and undesirable emissions, like CO2. Since major energy users, like the U.S. and China, plan on remaining coal dependent, focusing on efficiency gains at coal-fired power plants could reduce CO2 emissions greatly on a global level.
Improvements
According to the World Coal Institute, the newest state-of-the-art coal-fired plants can use as much as 45 percent of coal's available energy. These new, more efficient coal-fired combustion plants reduce emissions of CO2, as well as other pollutants like NOx, SOx and particulates.