In its ‘Short-Term Energy Outlook’, the EIA states that US coal production will increase by 20-million short tons (3%) in 2022 to 598-million short tons and by seven-million short tons (1%) in 2023.ADVERTISEMENT
The forecast production increase occurs despite the expectation that coal use in the power sector will decline, owing to renewable energy capacity increases in the electricity generation mix. The EIA says coal will provide 21% of total US generation in 2022 and 20% in 2023, compared with a share of 23% last year.
Natural gas generation will maintain its almost 37% share of the electricity generation mix in 2022, dipping to 36% in 2023. The share of electricity generation from renewable energy sources will rise from 20% in 2021 to 22% in 2022 and to 23% in 2023, as more solar and wind generating capacity is added.
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- On May 19, 2022