Sentences with phrase «coal demand growth»

The potential for coal demand growth in China is limited, but the country's supply - side reforms will be critical factors for coal prices in the coming years.

Slower power demand growth means slower coal demand growth as coal fuels just under 80 % of Chinese electricity generation.

In its latest Medium - Term Coal Market Report the International Energy Agency (IEA) forecasts a slowing of coal demand growth but no retreat in its global use.

China's coal demand growth averaged 9 % per year from 2000 to 2010, more than double the global growth rate of 4 % and significantly higher than global growth excluding China, which averaged only 1 %.

The report sharply lowered its five - year global coal demand growth forecast in reflection of economic restructuring in China, which represents half of global coal consumption.

Not exact matches

A slowdown in the growth of China's coal demand, due to more tepid economic growth and fuel substitution, has sent the prices that Australia fetches for its thermal coal plunging from US$ 125 a tonne in early 2012 to around US$ 70 a tonne.

Plus, the structural changes underway, favoring a transition away from heavy industry, point to weak demand growth ahead for coal.

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.

However, the Newcastle port operator's decision to introduce a quota system to allocate transport chain capacity and reduce the ship queue is one illustration that provides clear evidence that a shortage of transport capacity is limiting the industry's ability to meet strong growth in coal demand.

Rapid growth in global steel demand has also boosted contract prices for other bulk commodities; coking coal contract prices increased, on average, by 25 — 35 per cent in US dollar terms in recent negotiations, while iron ore contract prices have risen by close to 20 per cent.

The coal industry is booming driven by growth in export demand for coal world wide and the large number of coal - fired power plants currently scheduled to come online.

Among other things, this has seen the growth in global steel production stall, and hence lower growth in the demand for iron ore and coking coal.

FOLLOWING more than a decade of aggressive growth, global coal demand has stalled, the International Energy Agency, IEA, said in its Annual Coal Market Report, released last wcoal demand has stalled, the International Energy Agency, IEA, said in its Annual Coal Market Report, released last wCoal Market Report, released last week.

But the trend is also thanks to a slowdown in economic growth, including lower demand for steel for the first time in decades, which in turn lessens the need for coal to fire up the furnaces.

Even without the environmental drive, new railways from mines to ports, falling investment in coal - fired generation and slowing power demand growth could see China's miners export some of their surplus output at competitive prices, hitting regional miners and the viability of new projects.

The infant solar power companies, however, must gain their foothold by taking business away from the incumbent and politically powerful coal, natural gas and nuclear power providers, at a time when overall growth in U.S. electricity demand is still slowed by an underperforming economy.

Because economic growth continues to boost the demand for energy — more coal for powering new factories, more oil for fueling new cars, more natural gas for heating new homes — carbon emissions will keep climbing despite the introduction of more energy - efficient vehicles, buildings and appliances.

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.

Every 4 days china builds a coal plant, in america even with slower economic growth our energy demand is growing.

If growth continues at the current pace, generators would add another 1 billion tonnes of new coal demand every three years.

Renewable sources of energy meet 40 % of the increase in primary demand and their explosive growth in the power sector marks the end of the boom years for coal.

Coal use patterns around the region reflect the rising demand for electricity needed to power and steer economic growth.

In India's case, the IEA has said that India's coal demand will see the biggest growth over next five years with annual average growth rate of 5 % by 2021.

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.

Nevertheless, growth of solar PV and EVs significantly curb coal, oil and gas demand in our scenarios.

In the meantime, with all the cancelled coal plants, how is the nation going to cope with increased demands for electricty due to economic growth?

In India, the third - largest coal consumer in the world, coal - fired power generation increased by 3.3 % in 2015, which is considerably lower than the 11 % growth of 2014, mostly due to lower demand growth.»

Interestingly, despite significant demand growth, even the total amount of coal - generated electricity would fall in absolute terms.

China continues to lead global coal demand Total coal demand (Mt) 2014 Total coal demand (Mt) 2015 * Absolute growth...

India's policymakers, for their part, have to deal with rapid development and population growth that make coal indispensable to meeting the expected 3.5 percent increase in year - on - year demand for electricity between now and 2040.

This is obviously a debatable assumption as one could for instance argue that a more rapid growth in renewable energy could allow for less energy efficiency gains and growing demand for electricity, or perhaps a prolonging of the coal industry at the cost of natural gas.

The government's central problem is that, as well as being polluting, coal - fired power is not well suited to the problem of increasingly high peaks in power demand, combined with slow growth in total demand.

The global coal industry regularly cites the IEA's «New Policies Scenario» as driving huge growth in demand, and solving energy access problems.

With a growing fleet of coal power plants running at less than 60 % of capacity and robust power demand growth, coal - fired generation is forecast to increase at nearly 4 % per year through 2022.

Combined with saturation of heavy industry growth, coal demand is forecast to decline through 2022, despite growth in coal conversion and in coal - power generation.

However, sluggish power demand, abundant gas supply and renewables growth are expected to continue to generate headwinds for coal use and limit the prospects for any resurgence in construction of new coal power plants.

«Fossil fuel depletion requires mitigation to meet development and population growth demands, unless you switch back to coal,...»

Outside the power sector, growth in thermal coal demand is centred in the industrial sector thanks to robust economic growth, as well as in coking coal, thanks to rising steel consumption, housing, railways and steel - intensive industries such as shipbuilding, defense and vehicle manufacturing.

«If we look at consumption of coal, the main drivers are rapid growth in clean energy, slower power demand growth due to shifting economic structure and energy efficiency.

The industry's plan B, to export production to assumed perennial growth markets in Asia, has also floundered amid a global market awash with supply from other countries and weak demand; Chinese coal consumption fell nearly 3 % in 2014 while India, the world's third largest buyer, says it may stop imports of thermal coal in the next three years With domestic markets collapsing and no lifeline from abroad, 264 [1] US mines were closed between 2011 and 2013.

Coal demand in China has slid as its economy slows amid a shift toward consumption - led growth and while it intensifies efforts to rein in pollution.

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.

The CTI report says there will be no need for new coal mines, oil demand will peak around 2020, and growth in gas will disappoint industry expectations if world leaders agree and then implement the policies needed to meet the UN commitment to keep climate change below 2 ˚C − the threshold agreed by most governments.

This is based on assumed annual demand growth of 6.34 %; further scenarios with higher growth rates and low addition of renewables capacity do require new coal stations, but still only at most half of those under construction.

According to India's draft national electricity plan, no new coal - fired stations will be required during 2017 — 22, with current capacity and projected renewables capacity sufficient to meet demand growth.

Growth in the power sector is due to increased demand for electricity, but natural gas's share does not increase as coal and renewable energy also compete for the power sector market.

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The main reason was that growth in renewables and nuclear power could not keep up with increased electricity demand, even though some sources have cited a drought - induced drop in hydropower output as a factor in the rebounding coal consumption.

India is also the world's fifth largest greenhouse gas emitter, according to the latest reliable information (CAIT 2007), with a heavy reliance on coal power stations, though India's strong economic growth has meant that demand for electricity often outstrips supply, which has reinforced the need for alternative energy sources.

And though we burn 8 billion tons of coal every year to fuel around 33 percent of the nation's electricity generation, the industry has been slumping in the face of low natural gas prices and sluggish growth in electricity demand.