This can have only one outcome; reduced national gas prices overall and
less coal consumption.
Not exact matches
In fact, much of the overall decrease in energy
consumption can be traced to the shift from
coal to gas, because modern gas - fired plants may use up to 46 percent
less energy to produce the same amount of electricity.»
Keeping in mind the enormous stake that panel members ExxonMobil and Shell have in the oil, natural gas and
coal industries, here is a look at the panel's take on why oil and
coal have been so difficult to replace by the following alternative energy sources: Natural gas ExxonMobil favors boosting the U.S.'s
consumption of natural gas, in part, because it produces at least 50 percent
less greenhouse gas per hour when burned compared with
coal, Nazeer Bhore, ExxonMobil senior technology advisor, said during the panel.
The United States clearly is using
less coal: Domestic
consumption fell by about 114 million tons, or 11 percent, largely due to a decline in the use of
coal for electricity.
Note: The sum of «Production» and «Imports»
less «Exports» may not equal «
Consumption» due to changes in stocks, losses, unaccounted - for
coal, and special arrangements such as the United States shipments of anthracite to United States Armed Forces in Europe.
Oil is especially useful due to its portability (I don't expect
coal - burning cars to come on the market any time soon), so I wouldn't expect the drop in oil
consumption to be made up for with other
lesser fossil fuels.
However, as China continues to replace older,
less efficient generators with more efficient units, China's power sector
coal consumption is expected to peak as soon as 2018, at 4,800 million metric tons.
Since
coal consumption has actually declined by 6 percent since its peak in 1996, however, there is reason to believe its use will either continue to drop or will increase
less than projected.
Overall, the G7 countries reduced
coal consumption by
less than 1 % between 2009 - 2013, the Oxfam research shows.
According to the NEA, in the first three quarters of 2017,
coal consumption in China reached 2.81 billion metric tons, an increase of
less than 1 percent from 2016.
Even if
coal consumption increased by 3 percent to 3.90 billion tons in 2017 as the Global Carbon Project report said, it is still far
less than the 4 billion tons in 2015, let alone challenging the 4.24 billion tons peak in 2013.
«The underlying energy
consumption trends that resulted in these changes — mainly because more electricity has been generated from natural gas than from other fossil fuels — have helped to lower the U.S. emissions level since 2005 because natural gas is a
less carbon - intensive fuel than either
coal or petroleum.»
With
less electricity
consumption and increasing wind and solar power,
coal - generation will tend to be pushed out of the Australian market.
The more we reduce our electricity
consumption, the
less coal we need to burn.
(21) The other industrial sector accounted for 8 percent of total
coal consumption in 1992, slightly
less than in 1980.
Key features: China would cap absolute
coal consumption by 2020 at 4.2 billion tonnes, and
coal's share of the mix would be reduced to
less than 62 per cent by 2020, from the current level of 66 per cent.