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U.S. coal exports on the decline

Low-carbon agendas pushing coal out of the power sector.
By Daniel J. Graeber Follow @dan_graeber Contact the Author   |   March 7, 2016 at 9:06 AM
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WASHINGTON, March 7 (UPI) -- While the United States remained a net exporter of coal, last year's levels marked the third straight year for declines, federal data show.

"Slower growth in world coal demand, lower international coal prices, and higher coal output in other coal-exporting countries contributed to the decline in U.S. coal exports," a daily breifing from the U.S. Energy Information Administration read.

The United States last year exported 74 million tons of coal, a 23 percent decline from 2014 and the third straight year for a loss. A record 124 million tons of coal were exported from the country in 2012.

For export destinations, EIA reported India was one of the few countries taking on more U.S. coal, bringing its total share of U.S. coal up 4 percent to 9 percent in 2015. Coal exports to the rest of Asia fell.

For Europe, traditionally one of the leading markets for U.S. coal, exports were down 28 percent to 14.6 million tons last year.

Imports, meanwhile, remained relatively static last year at 11.3 million tons, though regional markets varied. The New England market saw the greatest decline with 41 percent as the region closed down many of its coal-fired electricity plants.

The U.S. Interior Department in January announced the start of a review of the federal coal program to identify potential reforms. While the review is ongoing, the Interior Department is pausing new coal leasing on public lands, with continued mining under existing leases. The review process is expected to take three years.

Natural gas is becoming the primary source of electricity in the nation. Prior to April 2015, the total monthly share of electricity generated by coal had always been greater than gas.

EIA estimates total U.S. coal production will decline 3 percent this year as the country pushes a low-carbon agenda.

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