US Coal Exports
Exports Economic Contributions Report
Aug 14 2017

DOE Predicts Coal Production Will Increase (The Daily Caller)

Posted in All News

DOE Predicts Coal Production Will Increase Due to Export Demands

The Department of Energy is predicting U.S. coal production will see sustained increases over the next two years due to higher amounts of exports and coal generated electricity, the Washington Examiner reports.

“U.S. coal production is getting a boost in 2017 from higher coal exports and more coal-fired electricity generation,” Energy Information Administration Acting Administrator Howard Gruenspecht said. “Coal-fired power plants are expected to be the leading source of U.S. electricity for the next two years, as the cost of coal is expected to rise by less than the cost of natural gas.”

U.S. coal exports increased in the first half of 2017. Coal exports were up in the first quarter of the year 58 percent over the same period a year prior, according to Energy Information Administration data.

Overall electricity usage is expected to drop for the third consecutive year, but the brunt of falling demand will be absorbed by natural gas power plants. The price of gas is rising and international demand for American coal is surging, up 60 percent from January to May. Coal production is expected to surpass current market-leading natural gas in the second half of 2017, according to the Washington Examiner.

See article here.

  • “The fact that we’re no longer in the age of energy scarcity – that we’re in the age of energy abundance – positions the United States in a totally different place. This gives access to affordable, reliable energy in the United States, and gives the U.S. a major competitive advantage.”
    – Dave Banks, Special Assistant to President Donald Trump for International Energy, June 2017
  • “It is in the national interest to promote clean and safe development of our Nation's vast energy resources, while at the same time avoiding regulatory burdens that unnecessarily encumber energy production, constrain economic growth, and prevent job creation. Moreover, the prudent development of these natural resources is essential to ensuring the Nation's geopolitical security.”
    – Executive Order on Promoting Energy Independence and Economic Growth, March 28, 2017
  • “Historically, U.S. companies seeking to expand their revenues focused first on increasing their number and share of U.S customers. For years, this focus served as a winning strategy for many of the most successful U.S. companies. Today, global economic trends make clear that successful companies are those that reach and sell to consumers outside U.S. borders and around the globe.”
    — 2011 National Export Strategy, U.S. Trade Promotion Coordinating Committee
  • “Federal regulatory agencies should not require climate change studies in the course of their permitting processes for proposed facilities. Coal will be consumed around the world regardless of U.S. trade policy. The only question is whether the coal is produced here in North America, where environmental standards are high, or elsewhere.”
    — U.S. Senator Lisa Murkowski, January 7, 2014
  • “At present 19% of the world’s population, 1.3 billion people, lack access to electricity and on New Policy Scenario projections there will still be 1 billion people without such access in 2030. To meet the UN Millennium Development Goal of eradicating extreme poverty by 2015, 395 million more people need access to electricity. There is a strong correlation between electrification and improvement in the United Nations’ Human Development Index.”
    — International Energy Agency, Coal Industry Advisory Board
  • “Access to electricity is strongly correlated with every measurable indicator of human development”
    — Berkeley Science Review, 2008

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