Methane emitted from underground coal mines, along with ventilation air and known as ventilation air methane (VAM), constitutes the largest component of coal mine methane (CMM) emissions. Atmospheric methane, on the other hand, is a potent greenhouse gas with a significant adverse impact on the atmosphere. This has led to the development of various technological alternatives for its use as an energy fuel. Techniques involving oxidation of VAM, usually consisting of very low concentrations of methane, have been validated in the past. Prominent among these technologies are the thermal and catalytic flow reversal reactors, ancillary fuel technologies, lean fuel gas turbines, and concentrators and gasifiers. However, the efficiency of any VAM utilisation technique depends on the amount and concentration of methane in the ventilation exhaust air. Therefore, quantification of VAM emission from a coal mine is the first step towards identifying the most suitable technology for its utilisation for energy production. This paper presents an evaluation of the efficacy of VAM as an energy source. It provides details of a case study aimed at developing a technique to accurately quantify VAM emission from a coal mine. It further discusses the various VAM utilisation techniques available, and presents an economic evaluation of the alternatives. Based on the findings of the study, the most feasible method for VAM utilisation is identified for the mine. The paper summarises the procedure for quantifying VAM emissions and selecting the most suitable utilisation technique.