Thursday, December 12, 2013

Coal's 2013 Ups and Downs: Consumption Up, Production Down, Exports Down, Price Down For First Time Since 2000

Coal-fired electricity generation has had a modest rebound this year, but modestly increased coal generation has not been a rising tide lifting all coal boats.

Coal production is down 1.8%. Coal consumption is up 4.4%. Exports are down 8.1%

All that has added up to coal prices falling about 2%, the first decline since 2000! That declining price signals distress and competitive pressure from natural gas as well as renewable energy.

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