The EIA released the April Short-Term Energy Outlook Report, which mentioned that coal consumption in US power plants is expected to increase by 4% this year compared to 2024, but US coal production is expected to drop 4%. As consumption increases and production falls, coal stocks in US power plants are expected to fall to 104 million short tons by the end of 2025, a decrease of 19% from the end of 2024. Although coal stocks will be drastically reduced according to our forecast, compared to last month's “Short-Term Energy Outlook”, the forecast for coal stocks at the end of the year was raised because we now expect an increase in coal production this year.

Zhitongcaijing · 04/10 16:41
The EIA released the April Short-Term Energy Outlook Report, which mentioned that coal consumption in US power plants is expected to increase by 4% this year compared to 2024, but US coal production is expected to drop 4%. As consumption increases and production falls, coal stocks in US power plants are expected to fall to 104 million short tons by the end of 2025, a decrease of 19% from the end of 2024. Although coal stocks will be drastically reduced according to our forecast, compared to last month's “Short-Term Energy Outlook”, the forecast for coal stocks at the end of the year was raised because we now expect an increase in coal production this year.