BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
COOKIE NOTICE

Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list
Coal

US 2019 coal production expected to fall 9.2% on year to 684.1 million st: EIA

Oil | Crude Oil

The new, lighter US crude grade flowing from Texas to Asia

Electric Power

Platts M2MS-Power

Commodities | Energy | Electric Power | Renewables | Banking

Financing US Power, 21st Annual

US 2019 coal production expected to fall 9.2% on year to 684.1 million st: EIA

Highlights

2019 production estimated at 41-year low

Coal expected to make up 24.3% of power generation, gas at 36.8%

Houston — The US will likely produce 684.1 million st of coal in 2019, the US Energy Information Administration said Tuesday, cutting its estimate from a month ago by 1.6%.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The 2019 production would be 9.2% lower than the 753.7 million st produced in 2018, while 2020 production is estimated at 640.1 million st, the EIA said in its April Short-Term Energy Outlook.

The 684.1 million st expected in 2019 would be the lowest production since 670.16 million st was produced in 1978.

Power sector coal consumption is projected to be 553.3 million st in 2019 and 512.1 million st in 2020, compared with 636.5 million st in 2018.

Total consumption, including by petcoke plants and retail, is estimated at 602.5 million st in 2019 and 560.4 million st in 2020, down from the 2018 consumption of 688 million st.

Coal is expected to make up 24.3% of US power generation in 2019 and 22.3% in 2020, down from 27.4% generated from coal in 2018.

Power generation from natural gas is estimated at 36.8% in 2019 and 38% in 2020, up from 35.1% in 2018. The increase is largely from cheaper gas prices and a boost in dry gas production, which is forecast to average 91 Bcf/d in 2019 and 92.5 Bcf/d in 2020, up from 83.33 Bcf/d averaged in 2018.

The EIA projects the spot Henry Hub gas price to average $2.92/MMBtu this year and $2.88/MMBtu in 2020, compared with $3.27/MMBtu in 2018.

By 2020, coal production and consumption are expected to drop 41.6% and 44.1%, respectively, from 2011 values, while natural gas production is estimated to increase by 47.5% during the decade.

Coal exports are projected to be 101.9 million st in 2019 and 94.8 million st in 2020, down from 115.6 million st exported in 2018, which was the second highest total on record, only behind 126 million st in 2012.

Thermal coal export volumes are estimated at 49.3 million st in 2019 and 43.7 million st in 2020, down from 54.1 million st in 2018.

The remaining 52.6 million st in 2019 are expected to be metallurgical coal exports, while 2020 exports are projected at 51.1 million st. In 2018, the US exported 61.5 million st of met coal.

Exports are expected to make up 14.9% of the total US coal production in 2019 and 14.8% in 2020, up from 13.9% in 2018, which would be the highest percentage directed to the export market in over 60 years, according to EIA data.

-- Tyler Godwin, tyler.godwin@spglobal.com

-- Edited by Richard Rubin, newsdesk@spglobal.com