US Coal Exports
Exports Economic Contributions Report
Sep 13 2017

EIA: Coal Production, Exports Rise in August (Power Engineering)

Posted in All News

EIA: Coal Production, Exports Rise in August

The latest Short Term Energy Outlook from the Energy Information administration indicated coal production in August was the highest measured since October 2015.

U.S. coal companies produced 74 million MMst of coal, eight percent higher than August 2016. The year-to-date total of 528 MMst is now 14 percent higher than last year.

Coal exports have grown as well, with exports for the first six months of the year 55 percent higher than exports over the same time last year. Exports are expected to slow in the coming months, with the forecast of 2017 to reach 21 percent higher than 2016.

The EIA expects the share of utility-scale electricity production from natural gas to fall from 34 percent in 2016 to 31 percent in 2017 due to higher natural gas prices and competition from coal and renewables. Coal will rise from 30 percent last year to 31 percent this year.

The 2018 forecast calls for 31 percent natural gas and 32 percent coal.

Wind generation is projected to rise from 82 GW at the end of 2016 to 88 GW at the end of 2017 and 96 GW by the end of 2018.

Solar should also rise from 22 GW at the end of last year to 29 GW at the end of this year and 96 GW at the end of 2018.

Generation-related carbon dioxide emissions are now expected to decrease by 0.5 percent in 2017 and 2.6 percent in 2018.
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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