US coal output to rise 10% YoY this year, EIA

sxcoal.com Import & Export,  Production & Sales,  International 2021-10-14 15:45:23

The US coal extraction is estimated to grow 9.88% year on year in 2021 to 588 million short tons (533 million tonnes), showed the Short-term Energy Outlook in October from the Energy Information Administration (EIA).


The figure was revised down 13 million short tons compared with the September report.


Its coal production is expected to reach 622 million short tons in 2022, 26 million short tons lower than the forecast in September, according to the Outlook.


The EIA estimated US coal consumption to hit 567 million short tons in 2021, of which the power industry is expected to burn 521 billion short tons of coal, up 84.4 million short tons on the year, and coal demand in retail and industrial sector is estimated to increase 1.4 million short tons to 27.8 million short tons.


In 2022, US coal consumption is expected to narrow to 540 million short tons, of which coal consumption of the power industry is expected to drop to 492 million short tons, and that of retail and industrial sector is expected to rise slightly to 28.3 million short tons.


Carbon dioxide emissions in the US energy industry is forecast to grow 8% year on year in 2021 on economic recovery and rising energy consumption, after a drop of 11% in 2020 due to the pandemic outbreak, and the emissions are likely to keep flat in 2022, the report said.


US coal exports are forecast to increase 34% from the year before to 92.6 million short tons in 2021, of which thermal coal exports are expected to reach 43.6 million short tons, surging 61.5% year on year; metallurgical coal exports are predicted to be 49.1 million short tons, up 16.6% year on year.


In 2022, the exports are expected to further increase to 94.8 million short tons, of which thermal coal exports are estimated to grow 7.1% from 2021 to 40.5 million short tons and metallurgical coal exports are forecast to pick up 10.6% to 54.3 million short tons, according to the EIA.



(Writing by Shengnan Liu  Editing by Tammy Yang)
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