U.S. Energy Information Administration - EIA - Independent Statistics and Analysis
‹ Analysis & Projections
Short-Term Energy and SUmmer Fuels Outlook
- Total U.S. electricity generation from utility-scale plants averaged 11,140 gigawatthours per day in 2016. Forecast generation declines by 0.7% in 2017 and then grows by 1.7% in 2018.
- EIA expects the share of U.S. total utility-scale electricity generation from natural gas to fall from an average of 34% in 2016 to 32% in both 2017 and 2018 as a result of higher expected natural gas prices. Coal's forecast generation share rises from 30% in 2016 to 31% in both 2017 and 2018. Nonhydropower renewables are forecast to provide 9% of electricity generation in 2017 and nearly 10% in 2018. The generation share of hydropower is forecast to be relatively unchanged at 7% between 2016 and 2018, and the nuclear share of generation declines from about 20% in 2016 and 2017 to 19% in 2018.
- EIA expects growth in coal-fired electricity generation, primarily a result of higher natural gas prices, to contribute to a 4% increase in coal production in 2017 and an additional 2% increase in 2018. EIA estimates the delivered coal price averaged $2.11/MMBtu in 2016, a 5% decline from the 2015 price. Coal prices are forecast to increase in 2017 and 2018 to $2.17/MMBtu and $2.22/MMBtu, respectively.
|U.S. Coal Summary|
|2015||2016||2017 projected||2018 projected|
|Prices||(dollars per million Btu)|
|Electric Power Sector||2.23||2.11||2.17||2.22|
|Supply||(million short tons)|
|U.S. Coal Production||897.0||738.7||767.9||785.2|
|Consumption||(million short tons)|
|Electric Power Sector||738.4||677.2||681.9||694.2|
|End of Period Inventories||(million short tons)|
|Electric Power Sector||195.5||163.9||146.8||147.7|