The U.S. coal consumption forecast from 2024 to 2028 shows a consistent decline from 16.96 million metric tons in 2024 to 16.38 million in 2028. The values were not provided for 2023, but the continuous decrease indicates a persistent downward trend. The year-on-year decrease averages around 1% to 1.6%, mirroring a long-term decline. Over the last five years, the Compound Annual Growth Rate (CAGR) shows a stable decrease, further cementing the view of coal's diminished role in U.S. energy consumption.
Future trends to watch include the growth of renewable energy technologies, regulatory changes promoting clean energy, and potential shifts in industrial demand as businesses prioritize sustainable practices. Additionally, technological advancements in energy efficiency and battery storage could accelerate this trend away from coal.
