trending Market Intelligence /marketintelligence/en/news-insights/trending/Dh3k7jA8r4fBFQw3_Vh9Yw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Hampton Roads coal exports in June show recovery year over year

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August


Hampton Roads coal exports in June show recovery year over year

Coalexports from the Hampton Roads facilities in Virginia totaled roughly 2.1million tons in June, according to data obtained July 11 from the VirginiaMaritime Association, surging 24.8% compared to and a 9.6% improvementyear over year.

Coalexports from Norfolk SouthernCorp.'s Lamberts Point facility, which primarily handlesmetallurgical coal, totaled 882,797 tons in June, a 16.7% increase from theroughly 756,235 tons delivered in June 2015.

's Pier IX facility, which mostly handles thermal coal, exported635,861 tons, up from 528,239 tons in June 2015, a recovery of 20.4%.

Onthe other hand, coal exports from the Dominion Terminal Associates facility, owned by coalproducers Alpha Natural ResourcesInc., Arch CoalInc. and PeabodyEnergy Corp., slipped 7% to 623,749 tons in June, compared to670,696 tons of June 2015.

SNL Image

Accordingto the U.S. Energy Information Administration, U.S. coal production in Juneshowed a 13% increase compared to the previous month but was 14% behind whereit was in the same period of the prior year. Output is expected to largelycontract by over 100 million tons for the second consecutive year, with aprojected annual decline of 168 million tons or a 19% cutback, which couldbring about the largestdecline in terms of both tons and percentage since data collectionbegan in 1949.

Therecent decline in U.S. coal exports is attributed to deteriorating global coaldemand and slump in coal prices. Total U.S. coal exports are expected toplummet by 20% in 2016 and 7% in 2017, the agency stated in its latest"Short-Term Energy Outlook."

TheEIA said forecast coal prices are $2.19/MMBtu and $2.24/MMBtu in 2016 and 2017,respectively.