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Monday, 03 August 20
U.S. COAL CONSUMPTION, WHICH HAS DECLINED SINCE ITS 2007 PEAK, FELL TO ITS LOWEST POINT IN APRIL 2020 - EIA
EIAAccording to the U.S. Energy Information Administration’s (EIA) most recent Monthly Energy Review, the United States consumed 6.5 quadrillion British thermal units of energy in April 2020, the lowest monthly energy consumption since September 1989. Energy consumption in April 2020 was 14% lower than in April 2019, the largest year-over-year decrease in EIA’s monthly total energy consumption, a data series that dates back to 1973.
 
Before April 2020, the largest year-over-year change in U.S. total energy consumption occurred between December 2000 and December 2001, when consumption decreased by about 10% because of economic and weather-related factors. The third-largest decrease was between March 2019 and March 2020.
 
April is a month with relatively low energy consumption in the United States: in 14 of the past 20 years, April has been the month with the lowest total energy consumption in the year. April’s typically mild temperatures reduce energy demand for heating and cooling. In 2020, April was the height of stay-at-home measures enacted to mitigate the spread of COVID-19, which caused a large drop in transportation, industrial, and commercial sector energy consumption.
 
According to EIA, coal consumption, which has declined since its 2007 peak, fell to its lowest point in EIA’s monthly records in April. The 27.4 million short tons of coal consumed in April 2020 was 27% less than the 37.4 million short tons consumed in April 2019. The electric power sector accounted for nearly all of coal’s year-over-year decline, falling from 33.5 million short tons to 23.6 million short tons from April 2019 to April 2020.
 
EIA also forecasts total U.S. coal production will decrease by 29% to 501 million short tons (MMst) in 2020. This decline largely reflects less demand for coal from the electric power sector and the coal export market. In 2021, EIA expects coal production to increase by 7% to 536 MMst because of forecast rising natural gas prices that make coal more competitive in the electric power sector.


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Tuesday, 25 August 20
INDIA'S IMPORTS FALL AS LOCKDOWNS IMPACT THE POWER AND INDUSTRIAL SECTORS - REPORT
India is the world’s second largest thermal coal consumer and importer, importing an estimated 211 million tonnes of thermal coal in 2019.&nb ...


Monday, 24 August 20
A COMBINATION OF DEVELOPMENTS DROVE THE FALLOFF COAL PRICES - CHIEF ECONOMIST’ OFFICE, AUSTRALIA
China, rising domestic production combined with subdued power demand;  India, a lockdown coupled with government directives that fav ...


Monday, 24 August 20
AUSTRALIA'S THERMAL COAL EXPORTS ARE FORECAST TO DROP FROM AN ESTIMATED $20 BILLION IN 2019-20 TO $16 BILLION IN 2020-21: REPORT
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Saturday, 22 August 20
REPORT SEES INDIA’S RELIANCE ON THERMAL POWER DROPPING TO 50% IN 2021, 43% IN 2026 - ET ENERGY | IEEFA
India’s dependence on thermal power will reduce to 50 per cent by 2021-22 and 43 per cent by 2026-27 on the back of renewable energy (RE) cap ...


Friday, 21 August 20
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