Opinion

Today In Energy: U.S. Coal Production Fell in First Half of 2017 After Increasing in Late 2016


graph of quarterly U.S. coal production, as explained in the article text

Source: U.S. Energy Information Administration, Quarterly Coal Report

U.S. coal production averaged 192 million short tons (MMst) per quarter in the first half of 2017, a slight decrease from the second half of 2016 but still above levels reached in the first half of 2016. The recent decline in production was a result of weaker demand for steam coal, about half of which is mined in Wyoming and Montana. Production of metallurgical coal, which is used in steel manufacturing and makes up about 8% of total U.S. coal production, increased for the third consecutive quarter.

Demand for steam coal, which in the first half of 2017 made up more than 90% of U.S. coal production, is driven by coal-fired electricity generation. In recent years, coal has lost part of its electricity generation share to other fuels, but it still accounted for 30% of the U.S. electricity generation mix in the first half of 2017 compared with natural gas and renewables (including hydro) at 31% and 20%, respectively.

The largest reductions in demand for steam coal in the second quarter of 2017 occurred in Illinois, Kansas, and Minnesota, which together accounted for nearly half of the total U.S. decline in steam coal consumption. The overall decline in coal demand resulted in a reduction of 11.7 MMst in total steam coal production in the second quarter of 2017, 8.1 MMst of which was coal mined from the Powder River Basin in Wyoming and Montana.

graph of quarterly U.S. coal production by major supply region, as explained in the article text
Source: U.S. Energy Information Administration, Quarterly Coal Report

In contrast, average quarterly metallurgical coal production increased from 14.1 MMst in the second half of 2016 to 16.8 MMst in the first half of 2017, driven by higher worldwide demand, particularly from China, Japan, and India. U.S. metallurgical coal exports to Asia increased as China, Japan, and India looked to offset disruptions to their supply of Australian coal caused by Cyclone Debbie in April 2017. In addition, China's demand for metallurgical coal increased as its steel production reached record levels in June, according to the National Bureau of Statistics of China.

Principal contributor: Brian Park


Visit source site

https://eia.gov/todayinenergy/detail.php?id=33352&...

United StatesCoalEIAEnergy Information Administration EIA

More items from oilvoice


OPEC Pledges to Raise Production to Satisfy 100% of Target Cuts, Says GlobalData

Following today's announcement that participants at the 174th Meeting of the OPEC Conference in Vienna have collectively agreed to increase production to 100% of targeted cuts, Joseph Gatdula, Senior Analyst for Oil & Gas at GlobalData , a leading data and analytics company offers his view on w ...

OilVoice Press - OilVoice


Posted 15 hours agoOpinion > OPECProductionOil +2

Vattenfall and AREG to Share Renewables Opportunities at Subsea Seminar

UK subsea companies are set to be given an insight into supply chain opportunities for the European Offshore Wind Deployment Centre (EOWDC) ahead of the project going live later this summer. Those attending the lunch and learn at The Village Hotel in Kingswells on Tuesday (June 26), will also hear ...

OilVoice Press - OilVoice


   


Posted 17 hours agoEvent > United KingdomUKvattenfall +4

Ørsted Wins 920MW Offshore Wind Projects in Taiwan

aiwan's Ministry of Economic Affairs has announced the outcome of its first offshore wind auction. Ørsted was awarded 920MW capacity for its offshore wind sites in the Changhua region. Subject to Ørsted obtaining relevant permits and taking final investment decision, the projects are to be built in ...

OilVoice Press - OilVoice


Posted 17 hours agoPress > OrstedOffshorewind +3

Oil Company Additions to Proved Reserves in 2017 Were the Highest Since 2013

Source: U.S. Energy Information Administration, based on Evaluate Energy Note: Rest of world includes associated companies' reserves with unspecified geographies. In 2017, a group of the world's largest publicly traded oil and natural gas producers added more hydrocarbons to their resource b ...

OilVoice Press - OilVoice


Posted 17 hours agoOpinion > EIAEnergy Information Administration EIAUnited States +6

88 Energy Limited Operations Update

88 Energy Limited (ASX: 88E) (“88 Energy” or the “Company”) is pleased to announce the following update for its projects located on the North Slope of Alaska. Highlights Nitrogen lift continues at Icewine#2 Project Icewine – Icewine#2 Production Testing As at 1730 21st June (AK time), the f ...

OilVoice Press - OilVoice


Posted 20 hours agoPress > 88 EnergyOperations UpdateASX +5
All posts from oilvoice