Weekly US coal production drops again to over 10-year low: EIA
Weekly US coal production declined for the fourth straight week to an estimated 8.58 million st in the week ended April 25, down 0.5% from a week earlier and 39.4% Continue Reading
Coal Demand Set for Biggest Annual Drop Since World War II
Global coal demand is heading for its biggest annual drop since World War II as economic activity plunges due to coronavirus lockdowns. Burning coal to make electricity in several European Continue Reading
The Coronavirus Pandemic Is Accelerating Coal’s Demise
You can add coal to the list of global commodities struggling during the pandemic. Prices haven’t yet turned negative (like oil), but coronavirus is accelerating the demise of the dirtiest Continue Reading
In Global Coronavirus Energy Slump, Coal is the Biggest Loser
As silent factories and deserted offices hobble demand for electricity worldwide, the biggest loser is coal. In the U.S., coal’s share of power generation has dropped more than 5 percentage points since Continue Reading
US power sector stockpiles reach near 3-year high, total 140 mil st in Feb: EIA
US power sector coal stockpiles totaled 140 million st in February, up 4.4% from January, US Energy Information Administration data showed Friday. Receive daily email alerts, subscriber notes & personalize Continue Reading
US monthly coal-fired power generation declines to new low of 56.1 TWh in February: EIA
US coal-fired power generation totaled 56.1 TWh in February, down 14% from Monday, US Energy Information Administration data showed Friday. From the year-ago month, generation was down 29.9%. Additionally, February Continue Reading
Weekly US coal production falls to over 10-year low: EIA
Highlights All four major basins at multi-year lows US cumulative production down 19.6% year on year Houston — Weekly US coal production tumbled to an estimated 8.62 million st in Continue Reading
US coal carrier departures reach eight-week high with 42 carriers:
Weekly US coal ship departures totaled 42 in the week ended April 18, up eight from the previous week, data from cFlow, Platts trade-flow software, showed. Departures dropped to an Continue Reading
Coronavirus accelerates decline of slumping coal industry
Travis Deti has been working the phones to try to get government support for the U.S. coal industry during the coronavirus pandemic. Between recent calls, the head of the Wyoming Continue Reading
Citi Vows to Stop Working with Thermal Coal-Mining Companies
Citigroup Inc. will stop providing financial services to thermal coal-mining companies over the next 10 years to help accelerate the economy’s shift away from fossil fuels. By 2025, the bank won’t Continue Reading