U.S. coal exports increased by 5.7 million tons in the 12 months after European Union’s sanctions on coal from Russia went into full effect in August 2022, according to the Energy Information Administration (EIA). The increase...
By Brent A. Rosser and Linda Trees On May 18, the U.S. Environmental Protection Agency (EPA) proposed a rule that would expand the federal regulations governing the management of coal combustion residuals (CCR) to cover...
In a new report, Coking Coal: Prices Have Peaked, But to Remain Elevated on the Resumption of Exports to Mainland China, Fitch Solutions provided its analysis of the metallurgical coal market. The firm’s analysts revised their...
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by Clyde Russell LAUNCESTON, Australia, November 28, 2022 (Reuters) — The global thermal coal market has returned to where it was before Russia’s attack on Ukraine, with prices for most seaborne grades dropping back to...
Editor’s note: During October, the International Energy Agency (IEA) released its World Energy Outlook 2022 (WEO). As an energy crisis grips the world, the agency continues to shape statistics to fit an anti-carbon agenda. What...
The World Steel Association (WSA) recently released an update of its Short Range Outlook (SRO) for 2022 and 2023. It forecasts that steel demand will contract by 2.3% in 2022 to reach 1,796.7 million metric tons (mt) after...
Fitch Solutions recently raised its thermal coal price forecasts for the remainder of 2022, saying it now expects Newcastle thermal coal to average around $320 per metric ton (mt) in 2022, compared to its previous forecast of...
Coking coal has had a volatile year so far. Russia’s invasion of Ukraine has led to supply concerns as buyers shun Russian coal. This comes at a time when Australian coking coal exports have suffered due to bad weather. Supply...
By Andrew Moore
This year will likely be remembered as the year the U.S. coal market hit bottom. Low demand led to low prices, which yielded production cutbacks, mine closures and some bankruptcies. As a result, U.S. coal production in 2015 is on target to slip to 908 million short tons, the lowest annual amount since 1986.
By Molly Christian and Hira Fawad, SNL Energy
Production in the largest U.S. coal supply region, the Powder River Basin (PRB), fell 9.4% in the second quarter from the same time in 2014 as competitive natural gas prices, unit retirements and weather-related delays offset the benefits of the basin’s cost advantage to other U.S. coals.
By Annalee Grant, SNL Energy
Some states have a long, hard road to comply with the Environmental Protection Agency’s (EPA) Clean Power Plan (CPP) regulations — specifically the 2030 carbon emissions goal — while others should be able to coast into the finish line. Under a revised set of emissions reduction goals, which include significant changes to some of the 2012 state baseline targets to address commenter concerns, coal-heavy states in the Midwest and Rocky Mountain regions appear to have the most difficult paths to compliance with EPA’s final rule, based on an SNL Energy analysis of each state’s 2030 goals and the agency’s business-as-usual projections.
