The US’ coal production is projected to decline by 14.61% in calendar year 2024 (CY’24), as per Energy Information Administration (EIA). Coal output is predicted to fall from 527 million tonnes (mnt) in CY’23 to 450 mnt in CY’24, dropping by 6.2% y-o-y to 422.12 mnt in CY’25.
The US coal consumption is set to decrease from 387.2 mnt in CY’23 to 361.3 mnt in CY’24. Coal consumption in the power sector is forecast to drop by 6.97% y-o-y to 326.6 mnt, while consumption in retail and other industries is anticipated to be 19.87 mnt, down by 7.2% y-o-y in CY’24.
The US coal consumption is expected to drop by 3.62% y-o-y to 347.8 mnt in CY’25. The electricity sector will consume 312.7 mnt of coal, rising by 6.95% from the previous forecast, while the retail and other industries will use 19.87 mnt.
Carbon dioxide (CO2) emissions in CY’24 are projected to drop by 0.44% y-o-y. Specifically, CO2 emissions from coal combustion will decrease by 5.64%. In CY’25, energy-related CO2 emissions are forecast to decline by 1.04% compared to the previous year.
The US coal exports in CY’24 are expected to reach 91.4 mnt, nearly stable y-o-y. Exports of thermal coal increased by 3.09% y-o-y to 45.4 mnt, while metallurgical coal exports may remain nearly stable at 46.0 mnt. Exports are forecast to rise by 5% to 96.1 mnt in CY’25. Thermal coal exports in CY’25 are projected to be 49.8 mnt, while metallurgical coal exports are estimated to reach 46.3 mnt.