Coal news and updates

EIA projects coal, renewables to generate equal stack shares in 2022

Coal and renewables both are projected to generate 22% of the total power generation stack in 2022, the US Energy Information Administration said in a Feb. 8 report.

Coal is expected to have a 22% generation share in 2022 and a 21.7% generation share in 2023, down from 22.6% in 2021. Renewables are projected to generate 22% of the total stack in 2022 and 24% in 2023, up from 20% in 2021.

"Increasing renewable generation contributes to our forecast that the share of generation from coal will decline from 23% in 2021 to an average of 22% over the next two years," EIA said.

The US is estimated to produce 611.6 million st of coal in 2022, up 5.6% from 2021.