US EIA says coal generation share to shrink to an all-time low in 2024
07 Aug 2024
Inventories
are expected to drop 30% by end of 2025
Coal production
will decrease at a faster rate than electricity coal consumption
Cost of coal to
electric utilities is projected at $2.53/MMBtu in 2024
Platts assesses
Central Appalachia rail coal flat on session at $74.25/st, or $2.97/MMBtu
Coal's share of US electricity generation will shrink to an all-time low
at 16.1% in 2024 due to lower utilization rates and ongoing capacity
retirements, according to US Energy Information Administration data released
Aug. 6.