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Thursday, 10 September 20
U.S. COAL PRODUCTION IN 2020 TO BE 511 MMST, 28 PER CENT LOWER THAN IN 2019 - EIA
EIAEIA expects total U.S. coal production in 2020 to be 511 million short tons (MMst), 194 MMst (28%) lower than in 2019. Mitigation efforts related to COVID-19 and reduced demand from the U.S. electric power sector amid low natural gas prices have both contributed to mine idling and mine closures.

EIA expects U.S. coal production to rise to 600 MMst in 2021, up 89 MMst (17%) from 2020. This forecast increase reflects rising demand for coal from U.S. electricity generators because of higher natural gas prices compared with 2020.

In th emeantime, EIA also forecasts that renewable energy will be the fastest-growing source of electricity generation in 2020. EIA expects the electric power sector will add 23.3 gigawatts (GW) of new wind capacity and 13.7 GW of utility-scale solar capacity in 2020.


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Recent News

Wednesday, 12 May 21
U.S. COAL PRODUCTION TO INCREASE BY 43 MMST IN 2021 TOTAL 582 MILLION SHORT TONS - EIA
U.S. energy Information Administration expects U.S. coal production to total 582 million short tons (MMst) in 2021, 43 MMst (8%) more than in 2020. ...


Wednesday, 12 May 21
MARKET INSIGHT - INTERMODAL
Tanker S&P is finally back! For an extended period, Dry bulk & Wet market rates have been diverging, with the SnP deals on each sect ...


Monday, 10 May 21
PAKISTAN: COAL GASIFICATION AND LIQUEFACTION HARMFUL TO ECONOMY - IEEFA
There is no second life for coal Pakistan’s intention to use coal for power production through gasification and liquefaction technologie ...


Sunday, 09 May 21
HERE'S WHY INVESTORS ARE POURING MONEY INTO COAL, DESPITE ITS BLEAK FUTURE - FORBES
Coal stocks have surged this year – along with the wider energy sector – but experts warn these are likely short-term gains for an indu ...


Sunday, 09 May 21
MAYBANK TO STOP COAL FINANCING - BERNAMA
Malayan Banking Bhd (Maybank) will stop financing new coal activities as part of its sustainable agenda.   Currently, coal financing m ...


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