For example, the IEA see
coal demand as flat over the next five years, which will likely be followed by a steady decline as CO2 emissions continue to decouple from economic growth.
Not exact matches
Peabody Energy, the nation's biggest
coal producer, has been on a gradual slide down the Fortune 500 over the past few years,
as falling
demand for
coal hit it hard.
Coal prices in general were driven even lower in 2016 due to low natural gas prices and warmer - than - usual winter temperatures that cut down demand for coal as an electricity generator, according to the U.S. Energy Information Administrat
Coal prices in general were driven even lower in 2016 due to low natural gas prices and warmer - than - usual winter temperatures that cut down
demand for
coal as an electricity generator, according to the U.S. Energy Information Administrat
coal as an electricity generator, according to the U.S. Energy Information Administration.
By the mid 2020s, the IEA expects the U.S. to become the world's biggest exporter of liquefied natural gas,
demand for which is set to rise strongly
as China, India, and Southeast Asia all turn away from
coal to cleaner energy sources.
To beat the cold, China has temporarily eased restrictions on
coal production until the end of the year
as Premier Li Keqiang said there was a need to balance
demand to ramp up power output against pollution control.
It described a scenario whereby gas begins to replace
coal and oil
as a transportation and electricity - generating fuel and satisfies a dominant share of new
demand.
It expected that companies with high financial leverage and refinancing
demand would take a hit, tipping five stocks
as especially vulnerable: China Eastern Airlines, China Southern Airlines, Yanzhou
Coal, Huadian Power and Huaneng Power.
Promises to bring back
coal as a viable part of the U.S. energy policy have sent
coal stocks soaring, and if government policy succeeds in driving more domestic manufacturing and production, then
coal producers like Natural Resource Partners could see
demand keep climbing.
Coal's importance
as an energy source has diminished amid cheap natural gas prices and slowing
demand abroad.
Chinese growth has meant enormous
demand and rising prices for many of Canada's resources, particularly
coal and oil,
as well
as base metals such
as copper, nickel and aluminum.
A key element in this shift is China; the value of Chinese exports to Canada tripled over this period and Canadian exports to China, while still small relative to exports to the US, have grown steadily in value driven by commodity exports which have been buoyed by high prices and huge
demand in China for key Canadian exports such
as minerals (nickel, coking
coal, potash, copper and iron ore), pulp and lumber.
The prices of other sources of energy, such
as coal and gas, also appear to be affected by oil price movements, though these relationships are quite loose, and depend on the state of world
demand and stock levels.
FCA's CEO Chris Ragot said «
Demand for export
coal has significantly increased
as global supplies tighten.»
It seems that US
coal employment (what remains of it) is now, like US
coal production, dependent on exports,
as domestic
demand inexorably crumbles beneath it.
As a result of the strong global
demand for steel, coking
coal producers negotiated an increase of around 120 per cent in contract prices, with iron ore contract prices generally rising by more than 70 per cent (Graph 39).
Coal would be affected the most, with 25 percent reduction in
demand compared to the business -
as - usual case.
The revision comes
as official preliminary data indicate that a decline in Chinese
coal demand occurred in 2014, and is set to accelerate in 2015.
He noted that U.S.
coal companies are already positioning themselves to boost exports, especially to energy - consumptive countries like China,
as domestic
demand for
coal continues to drop off.
«It's really a tale of two markets,» he said, noting that
as U.S. thermal
coal prices soften,
demand for high - grade metallurgical
coal and some thermal
coal has helped prop up U.S.
coal mining activity in traditional high - volume regions like Appalachia and the Powder River Basin.
Poland could halve its
demand for
coal by 2030 with a shift to renewable energies that would end its image
as a laggard in European Union efforts to slow climate change, a study showed on Friday.
I personally worry that
coal is going to be a problem
as demand will come off much faster than we think.»
As U.S. domestic
demand for
coal decreases, the pressure to expand U.S.
coal exports increases.
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.
As domestic
demand increases for both thermal and metallurgical
coal, China is expected to curtail exports, possibly expanding markets for other regional players like India, Australia and Indonesia.
China will widen its gap with the United States
as the world's largest
coal - producing country by the end of the decade, riding continued strong
demand from its electric power and steel - making sectors, according to a new analysis from New York - based GBI Research.
Texas experienced blackouts in February 2011,
as colder - than - average winter weather simultaneously increased
demand for electricity and damaged
coal - fired power plants and wind turbines.
While the U.S. boom in shale gas helped push the fossil fuel's share of total global energy consumption from 23.8 to 23.9 percent,
coal also increased its share, from 29.7 to 29.9 percent,
as demand for
coal - fired electricity remained strong across much of the developing world, including China and India, and parts of Europe.
As electricity use spikes across the country in the summertime when more people use air conditioning, electric power companies turn to more
coal and natural gas power plants to help meet the
demand, reducing renewables» share of total U.S. power generation, Comstock said.
The
demand for
coal to produce the hydrogen needed to run gas batteries has transformed places such
as Grove's own south Wales, where coalfields are expanded to meet the insatiable need for more power.
Peabody also agreed to disclose a range of scenarios from the International Energy Agency suggesting declining future
demand for
coal, changing course from earlier financial statements where the company only disclosed IEA's business -
as - usual scenario.
Since they were presumably going to operate
as base load
as opposed to peaker power, it's likely they were intending to sign long term contracts so that their incremental addition to the
demand for
coal would be absorbed not by creating an additional
demand on the spot market but by identifying a fixed source with a standing order and putting a few American miners to work on a full - time basis.
This victory came
as many residents from across the Appalachian region were in Washington, D.C., this week to
demand that Congress and the Environmental Protection Agency stop mountaintop removal
coal mining.
India is
as determined
as ever to sustain its economic growth and
demand help from the rich world for any costly diversion from conventional
coal burning to fuel that growth.
International markets remain outstanding in the Pacific Rim, with China and India
coal import
demand continuing at record rates and developed economies running at higher capacity factors
as they recover from the global financial crisis.
Addressing potential investors in Manhattan on Thursday, Gregory Boyce, the chairman and chief executive officer of the world's biggest
coal company, Peabody Energy, simply gushed
as he described how the company is ideally positioned to take advantage of «a long - term supercycle for
coal,» driven by rapidly growing
demand in Asia.
As I've written repeatedly, it's tough to sustain a focus on long - term needs, like sustained research on the frontiers of photovoltaics and energy storage, when congressional politics is about building short - term coalitions by satisfying
demands presented by influential players, from
coal companies to unions.
My sense is that they take green tech seriously
as a global business sector and a way, internally, to limit
coal and oil
demand and dependence, but I don't perceive the Chinese taking low carbon seriously
as an internal policy goal (if that means a carbon intensity trajectory more than a nudge below what will happen anyway for other reasons).
But until we get to those stages, improved energy storage schemes such
as hydrogen, could be used to run other sources of electricity, such
as nuclear and clean
coal plants,
as base - load (24 hours a day) rather than cyce to respond to
demand requirements.
Conversion of
coal plants to burn wood, dedicated new - build wood burning power plants
as well
as combined heat and power and biomass boilers for heating are creating huge new
demand for wood pellets.
Following a tumultuous year for the
coal industry, including the disastrous
coal - chemical spill that left 300,000 without access to clean water in West Virginia, and increasing layoffs
as coal mining continues to decline, a coalition of Appalachian citizen groups are
demanding increased action from the Obama Administration.
In May 2010, American Electric Power announced it planned to run 10 small
coal - fired power units on a part - time basis starting in June
as «the weak economy reduced
demand and low natural gas prices have made the use of some
coal units less profitable,» according to the company.
The agency projects that, by 2017,
coal will rival oil
as the world's primary energy source, mainly because of skyrocketing
demand in Asia.
In other markets where windpower was significant, like the Midwest / Central and Texas regions, the large majority of negative pricing were attributed to nuclear,
coal and less flexible natural gas power plant operations unable to adjust
as demand changed.
Despite the low price currently fetched for
coal overseas, Eaves said the company expects the international market to improve even
as domestic
demand for
coal recedes.
PacifiCorp, which operates
as Rocky Mountain Power in Wyoming, said it has pulled all
coal - based power generation from its plan to meet increasing load
demand within the six Western states it serves.
In Southeast Asia alone
demand is expected to grow by 4.8 % a year through to 2035
as the region turns to
coal to fuel its growing energy needs.
U.S.
coal exports were up in 2011
as a result of supply disruptions in Australia, Indonesia, and Colombia in late 2010 and early 2011 and strong
demand growth in Asia.
Even
as developing regions of the world leapfrog into technologies that are more resource efficient and carbon intensive — it is apparent that the
demand for resources — including
coal and oil — will expand this century.
-LSB-...]
As China's energy
demands soar, the construction of new
coal, and soon.
By rebranding
coal as «dispatchable», the government's National Energy Guarantee looks set to preserve
demand for
coal - fired power by giving it a new role — one it's not well equipped to fulfil.