US thermal coal exports extend gains in December

US thermal coal exports extend gains in December

US thermal coal exports rose from year-earlier levels for a fourth consecutive month in December, bringing the country’s international steam coal shipments for 2023 as a whole to their highest level in five years. Volumes during the month climbed to 4.27mn short tons (3.88mn metric tonnes) from 3.4mn st in December 2022, according to preliminary […]

US Thermal Coal Exports Soar to Over $5 Billion, Achieving 5-Year Highs in 2023

In 2023, thermal coal exporters in the United States amassed over $5 billion in revenue, shipping out more than 32.5 million metric tons of this high-polluting power fuel. While these earnings represent the second-highest in the last six years, trailing behind the peak of $5.7 billion in 2022, the total volumes reached their zenith since […]

U.S. exports of steam coal reached 5-year high in 2023

Lower domestic coal consumption and higher demand in Asia pushed U.S. exports of thermal coal in 2023 to the highest level since 2018, Reuters reported on Thursday, quoting data from ship-tracking firm Kpler. The United States exported last year more than 32.5 million metric tons of thermal – or steam – coal, used primarily in electricity generation, […]

US thermal coal exports hit 5-year highs and top $5 billion in 2023

United States exporters of thermal coal earned more than $5 billion in 2023 as they shipped out more than 32.5 million metric tons of the high-polluting power fuel, data from ship-tracking firm Kpler shows.The thermal coal export earnings were the second-highest since 2017, following 2022’s $5.7 billion. The total volumes were the highest since 2018 […]

US exports more coal as domestic demand shrinks

Exports are making up an increasing share of the demand for U.S. coal, as the nation’s power sector switches to natural gas and renewable energy, according to a recent analysis from the U.S. Energy Information Administration. The agency’s short-term outlook projects that U.S. domestic coal consumption this year will be 482 million short tons (one […]

U.S. coal exports account for larger share of a shrinking market

As domestic consumption of U.S. coal declines in the near term, we expect exports to account for a larger share of total U.S. coal consumption, according to our recently released Short-Term Energy Outlook (STEO). We expect U.S. coal consumption will total 482 million short tons (MMst) in 2024, 29% less than in 2019. We expect that exports […]

Global coal exports and power generation hit new highs in 2023

Worldwide electricity generation from coal hit record highs in 2023, while thermal coal exports surpassed 1 billion metric tons for the first time as coal’s use in power systems continues to grow despite widespread efforts to cut back on fossil fuels.Coal-fired electricity generation was 8,295 terawatt hours (TWh) through October, up 1% from the same […]

US thermal coal exports extend gains in November

US thermal coal exports rose from year-earlier levels for a third consecutive month in November, keeping 2023 shipments on track for a five-year high. A total of 4.04mn short tons (3.67mn metric tonnes) of steam coal was shipped from US ports to customers in other countries during the month, up from 3.33mn st in November […]

US thermal coal exports reach 5-year high

US thermal coal exports rose to a five-year high in October, as shipping conditions from some export terminals improved and buyers in some of the northern hemisphere continued restocking ahead of winter. More than 5.17mn short tons (4.69mn metric tonnes) of US steam coal left export facilities in October, US Commerce Department data released today […]

U.S. increases coal exports to Europe amid sanctions on Russia

The United States substantially increased its coal exports to Europe over the past year, following sanctions the European Union imposed on Russia. The U.S. increased its coal exports 22% between August 2022 and July 2023 “driven almost exclusively” by demand from Europe, according to the U.S. Energy Information Administration. What You Need To Know United […]