Slicing the pie: New, smaller portions in the US coal market

Clearly, the size of the opportunity in US coal markets has declined and environmental rules sting. US export opportunities are limited, given strong dollar and weak demand. Central Appalachian coal is most fragile. Cheap natural gas is eating coal’s lunch.

Presentation outline


The international market:

◦ Demand overview

◦ Supply review and trade flows

Shrinking the pie: The US coal market

◦ Iced by cheap natural gas

◦ Environmental rules

◦ Generation retirements

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