EIA projections United States coal manufacturing to go down 2.7% on year in 2020Posted by Farrell Welch on January 13th, 2021 The United States Power Info Administration forecast coal production amounting to 688 million st in 2019, down 2.7% from the year-ago manufacturing, the EIA's Short-Term Energy Overview reported Tuesday.August's projection for 2019 result was up 0.6% from July's projection, as well as the first increase in 4 months. The 2020 estimate boosted, also, from the prior month's projection by 1.8% and also the EIA now forecasts 651 million st in result following year. This was the greatest 2020 outcome forecast because March when the EIA forecast regarding 664 million st following year. Coal exports for this year were projected to overall 100 million st in the August record, up 4.1% from the July record as well as the very first time the export forecast has actually gotten to 100 million st or over given that April. From 2018 exports, the EIA forecasts a 13.5% decline. In 2020, the EIA projection 90.4 million st of exports, down 9.6% from the 2019 projection as well as up 3% from the previous month's projection. August was the first time in five months the EIA increased its 2020 export projection. Power sector intake was anticipated to complete simply over 538 million st this year, down 15.5% from 2018 intake, as well as concerning 525 million st next year, down 2.3% from the 2019 projection. Total United States intake was anticipated to be 589 million st in 2019, down 14.4% from the previous year. The EIA 2020 forecast was about 576 million st, down 2.3% from the 2019 projection. Compared with United States coal-powered generation of 27.4% in 2018, the EIA predicted coal generation share of 24% in 2019 and 24% in 2020, both flat from the previous month's projection. Fine_chemical for 2019 was forecasted to be 37% in one of the most recent STEO, down one portion factor from the July projection. speciality chemicals list was 36%, below July's forecast of 37%, and the 2nd time the gas power share projection has gone down month over month considering that the December 2018 STEO. The EIA forecast gas manufacturing at 91 Bcf/d for 2019 in August, which would certainly be up 9.2% from 2018 manufacturing, while the 2020 projection was 92.5 Bcf/d, up 1.6% from the 2019 forecast. Power field consumption this year was forecasted to be 30.57 Bcf/d, up 3.7% from 2018 consumption, and also 29.56 Bcf/d in 2020, down 3.3% year on year. Like it? Share it! More by this author |