Sentences with phrase «asian coal demand»

Not exact matches

The Asian forecast contrasts sharply to projections for the United States, which is expected to see sagging domestic demand as power plants undergo fuel switching away from coal.

Coal, the most abundant and reliable energy resource, will continue to be the dominant energy source in power generation to meet the fast - growing electricity demand in the emerging economies of the Association of Southeast Asian Nations (ASEAN).

The switch has been driven by falling coal prices as Asian demand has slowed, the US has replaced some coal with shale gas and mining capacity has expanded in top exporting nations like Indonesia and Australia.

In turn, Asian demand is dominated by China; demand in China increased almost five-fold between 1980 - 2010 and accounted for 73 % of Asia's consumption and almost half of coal consumption globally in 2010.

While Americans are burning less coal, Asian demand is booming, so if companies can find a way to export their excess supply, it's a win - win for their dwindling profit margins!

In doing so, it disregards the real reasons for its declining profits and layoffs — competition from cheap natural gas and sagging Asian demand for metallurgical coal.

Rising demand in China and India will push coal past oil as the two Asian powerhouses will need to rely on the comparatively cheaper fuel to power their economies.

Through our regional presence and strength in Asian markets, we have played an integral part in the increase in demand for power in the region, advising our clients on investments in exploration and mining operations (predominantly iron ore and coal mines).