A growing share
of global coal demand comes from those countries, though the coal boom climate hawks feared seems to be slowing somewhat.
«Outside the OECD, coal generation in China, the centre
of global coal demand, decreased in 2015 due to a reduction in electricity demand, coupled with an increased generation from hydro and nuclear.1 Despite the decrease in generation in 2015, 52 GW of coal - fired generation capacity was added in China in 2015, and roughly 150 GW is currently under construction.
Not exact matches
Under this scenario, by 2040
global energy
demand will be significantly larger than it is now; oil,
coal, and natural gas each will account for about one - quarter
of total
demand, and solar and wind together will account for roughly 5 %.
Lower expected
global demand for U.S.
coal exports in 2018 and 2019 also contributes to the forecast
of lower
coal production.
In the case
of coal, while the capacity
of port and rail infrastructure has become stretched with the latest surge in
global demand, the industry has been expanding transport capacity steadily over recent years.
This recent pick - up in export volumes stems from rising
global demand and efforts to redress capacity constraints; it has been most pronounced in exports
of coal.
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).
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 w
coal demand has stalled, the International Energy Agency, IEA, said in its Annual
Coal Market Report, released last w
Coal Market Report, released last week.
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.
Coal consumption is soaring, and according to the U.S. Energy Information Administration, the country burned 325 million tons last year alone, putting China's coal demand at 47 percent of global consumption (ClimateWire, Jan.
Coal consumption is soaring, and according to the U.S. Energy Information Administration, the country burned 325 million tons last year alone, putting China's
coal demand at 47 percent of global consumption (ClimateWire, Jan.
coal demand at 47 percent
of global consumption (ClimateWire, Jan. 30).
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.
The industry has faltered because
of declining
global demand and low natural gas prices, which have encouraged electric power companies to use gas instead
of coal to generate electricity, said Ray Rasker, executive director
of Headwaters Economics, an independent research group focusing on the economic implications
of land management decisions in the West.
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 %.
«Thanks to abundant supplies and insatiable
demand for power from emerging markets,
coal met nearly half
of the rise in
global energy
demand during the first decade
of the 21st Century,» said IEA Executive Director Maria van der Hoeven.
Boyce observed that
coal has been the world's fastest - growing fuel this past decade, with
demand growing at nearly twice the rate
of natural gas and hydro power and more than four times faster than
global oil consumption.
Bullish forecasts for
global thermal
coal demand erroneously assume most
of more than a dozen other proposed Indian Ultra Mega Power Projects will be built.
Coal companies have lost more than 90 percent of their value since the global coal bubble in 2011, and many companies have declared bankruptcy due to collapsing demand, oversupply on the international market, cheap natural gas prices, and new environmental regulati
Coal companies have lost more than 90 percent
of their value since the
global coal bubble in 2011, and many companies have declared bankruptcy due to collapsing demand, oversupply on the international market, cheap natural gas prices, and new environmental regulati
coal bubble in 2011, and many companies have declared bankruptcy due to collapsing
demand, oversupply on the international market, cheap natural gas prices, and new environmental regulations.
The study is the first to model
demand for oil, gas and thermal
coal under the International Energy Agency's Beyond 2 Degrees Scenario introduced last year, aligned with 1.75 C, the mid-point
of the Paris Agreement, and compare it with the IEA's New Policies Scenario, aligned with 2.7 C, consistent with emissions policies announced by
global governments.
[v] Even phasing out Australia's
coal exports would merely cause Australian GDP to double by 2031 instead
of by 2030 [vi], paling in comparison to the impacts
of the several degrees
of global warming associated with continuing
demand for those exports.
[28] For the fourth - quarter
of 2010, Peabody stated that their profits doubled due to
global demand for
coal.
The first signs
of a fossil - fuel bust emerged early last year with growing evidence that the decade - long boom in
global coal demand was peaking.
But are you sure
coal demand will continue to really go down on a
global basis - I read that
global demand is going up because certain countries are builging alot
of coal fired facilities.
Coal currently accounts for 39 % of global power supplies, and coal demand is growing faster than expec
Coal currently accounts for 39 %
of global power supplies, and
coal demand is growing faster than expec
coal demand is growing faster than expected.
Forecasts for
global coal demand, made by the IEA in 2011 through 2017 (blue lines), compared to data on actual use (red), in millions
of tonnes
of coal equivalent.
However this scenario only sees an 18 %
global increase in
coal demand, and leaves nearly three - quarters
of the energy poor still without access to energy.
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.
This study completes the research series on oil and
coal started in 2014 and takes a look at three
global gas markets — Europe, North America and LNG — in the context
of the energy transition, examining where there may be unneeded capacity and capital expenditure in a low
demand scenario.
As a result
of these contrasting trends,
global coal demand reaches 5 530 Mtce in 2022, which is only marginally higher than current levels, meaning that
coal use all but stagnates for around a decade.
The company expects energy
demand to grow at an average
of about 1 % annually over the next three decades — faster than population but much slower than the
global economy — with increasing efficiency and a gradual shift toward lower - emission energy sources: Gas increases faster than oil and by more BTUs in total, while
coal grows for a while longer but then shrinks back to current levels.
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
Coal Market Report the International Energy Agency (IEA) forecasts a slowing
of coal demand growth but no retreat in its global
coal demand growth but no retreat in its
global use.
The about - to - retire Executive Director
of Greenpeace USA, Phil Radford, unabashedly points to Ross Gelbspan as «the lone voice, the moral compass, the beacon that has inspired countless people, me included, to
demand our country and our future back from the
coal and oil interests behind
global warming» (full text here).
Global demand for
coal is expected to grow to 8.9 billion tons by 2016 from 7.9 billion tons this year, with the bulk
of new
demand — about 700 million tons — coming from China, according to a Peabody Energy study.
It indicates how rising prosperity is driving an increase in
global energy
demand and how that
demand may be met over the coming decades through a diverse range
of supplies including oil, natural gas,
coal, and renewable energy.
Despite falling Midwest exports, overall U.S.
coal exports have been resurgent, reaching nearly 71 million tons in the first eight months
of 2011 — the highest level in decades — driven by high
global demand and significant weather disruptions
of Australian
coal exports.
(11/15/07) «Ban the Bulb: Worldwide Shift from Incandescents to Compact Fluorescents Could Close 270
Coal - Fired Power Plants» (5/9/07) «Massive Diversion
of U.S. Grain to Fuel Cars is Raising World Food Prices» (3/21/07) «Distillery
Demand for Grain to Fuel Cars Vastly Understated: World May Be Facing Highest Grain Prices in History» (1/4/07) «Santa Claus is Chinese OR Why China is Rising and the United States is Declining» (12/14/06) «Exploding U.S. Grain
Demand for Automotive Fuel Threatens World Food Security and Political Stability» (11/3/06) «The Earth is Shrinking: Advancing Deserts and Rising Seas Squeezing Civilization» (11/15/06) «U.S. Population Reaches 300 Million, Heading for 400 Million: No Cause for Celebration» (10/4/06) «Supermarkets and Service Stations Now Competing for Grain» (7/13/06) «Let's Raise Gas Taxes and Lower Income Taxes» (5/12/06) «Wind Energy
Demand Booming: Cost Dropping Below Conventional Sources Marks Key Milestone in U.S. Shift to Renewable Energy» (3/22/06) «Learning From China: Why the Western Economic Model Will not Work for the World» (3/9/05) «China Replacing the United States and World's Leading Consumer» (2/16/05)» Foreign Policy Damaging U.S. Economy» (10/27/04) «A Short Path to Oil Independence» (10/13/04) «World Food Security Deteriorating: Food Crunch In 2005 Now Likely» (05/05/04) «World Food Prices Rising: Decades
of Environmental Neglect Shrinking Harvests in Key Countries» (04/28/04) «Saudis Have U.S. Over a Barrel: Shifting Terms
of Trade Between Grain and Oil» (4/14/04) «Europe Leading World Into Age
of Wind Energy» (4/8/04) «China's Shrinking Grain Harvest: How Its Growing Grain Imports Will Affect World Food Prices» (3/10/04) «U.S. Leading World Away From Cigarettes» (2/18/04) «Troubling New Flows
of Environmental Refugees» (1/28/04) «Wakeup Call on the Food Front» (12/16/03) «
Coal: U.S. Promotes While Canada and Europe Move Beyond» (12/3/03) «World Facing Fourth Consecutive Grain Harvest Shortfall» (9/17/03) «Record Temperatures Shrinking World Grain Harvest» (8/27/03) «China Losing War with Advancing Deserts» (8/4/03) «Wind Power Set to Become World's Leading Energy Source» (6/25/03) «World Creating Food Bubble Economy Based on Unsustainable Use
of Water» (3/13/03) «
Global Temperature Near Record for 2002: Takes Toll in Deadly Heat Waves, Withered Harvests, & Melting Ice» (12/11/02) «Rising Temperatures & Falling Water Tables Raising Food Prices» (8/21/02) «Water Deficits Growing in Many Countries» (8/6/02) «World Turning to Bicycle for Mobility and Exercise» (7/17/02) «New York: Garbage Capital
of the World» (4/17/02) «Earth's Ice Melting Faster Than Projected» (3/12/02) «World's Rangelands Deteriorating Under Mounting Pressure» (2/5/02) «World Wind Generating Capacity Jumps 31 Percent in 2001» (1/8/02) «This Year May be Second Warmest on Record» (12/18/01) «World Grain Harvest Falling Short by 54 Million Tons: Water Shortages Contributing to Shortfall» (11/21/01) «Rising Sea Level Forcing Evacuation
of Island Country» (11/15/01) «Worsening Water Shortages Threaten China's Food Security» (10/4/01) «Wind Power: The Missing Link in the Bush Energy Plan» (5/31/01) «Dust Bowl Threatening China's Future» (5/23/01) «Paving the Planet: Cars and Crops Competing for Land» (2/14/01) «Obesity Epidemic Threatens Health in Exercise - Deprived Societies» (12/19/00) «HIV Epidemic Restructuring Africa's Population» (10/31/00) «Fish Farming May Overtake Cattle Ranching As a Food Source» (10/3/00) «OPEC Has World Over a Barrel Again» (9/8/00) «Climate Change Has World Skating on Thin Ice» (8/29/00) «The Rise and Fall
of the
Global Climate Coalition» (7/25/00) «HIV Epidemic Undermining sub-Saharan Africa» (7/18/00) «Population Growth and Hydrological Poverty» (6/21/00) «U.S. Farmers Double Cropping Corn And Wind Energy» (6/7/00) «World Kicking the Cigarette Habit» (5/10/00) «Falling Water Tables in China» (5/2/00) Top
of page
Global demand for wooden pellets, used to replace
coal in the generation
of electricity, has risen considerably in recent years as governments seek ways in which to cut carbon emissions and reduce fossil fuel reliance.
In recent years,
global demand for
coal has dropped too, as China — the world's largest producer and consumer
of the energy source — suffers from oversupply.
Victories were seen on four continents: in Bolivia a draconian response to protestors embarrassed the government, causing them to drop plans to build a road through Tipnis, an indigenous Amazonian reserve; in Myanmar, a nation not known for bowing to public
demands, large protests pushed the government to cancel a massive Chinese hydroelectric project; in Borneo a three - year struggle to stop the construction
of a
coal plant on the coast
of the Coral Triangle ended in victory for activists; in Britain plans to privatize forests created such a public outcry that the government not only pulled back but also apologized; and in the U.S. civil disobedience and massive marches pressured the Obama Administration to delay a decision on the controversial Keystone XL pipeline, which would bring tar sands from Canada to a
global market.
WWF's report, produced with researchers at Dutch organizations Ecofys and the Office for Metropolitan Architecture, says the share
of oil,
coal, gas and nuclear in the
global energy mix could be cut down to 5 % by 2050, and energy saving measures can cut total
demand by 15 % from 2005 levels, starting from an assumed baseline
of 520EJ / a.
In fact,
global demand for oil is expected to cross the 100 million bpd threshold within a few years, potentially surpassing
coal as the largest source
of CO2 emissions within a decade.
In Oregon, for example, Governor Kate Brown signed a bill that will move the state to 50 percent renewable energy production by 2040 and end the state's use
of coal power by 2030; in Montana, sagging demand and economic pressures caused Arch Coal to scrap its plans for a massive strip - mining operation on federal land; and in a recent Gallup poll, 64 percent of Americans said they worried a «great deal» or «fair amount» about global warming, up from 55 percent only a year
coal power by 2030; in Montana, sagging
demand and economic pressures caused Arch
Coal to scrap its plans for a massive strip - mining operation on federal land; and in a recent Gallup poll, 64 percent of Americans said they worried a «great deal» or «fair amount» about global warming, up from 55 percent only a year
Coal to scrap its plans for a massive strip - mining operation on federal land; and in a recent Gallup poll, 64 percent
of Americans said they worried a «great deal» or «fair amount» about
global warming, up from 55 percent only a year ago.
A group
of 70
global investors managing more than $ 3 trillion
of collective assets have launched the first - ever coordinated effort to spur the world's 45 top oil and gas,
coal and electric power companies to assess the financial risks that changes in
demand and price pose to their business plans.
Coal consumption across Asia is slated to outpace that of China over the next 20 years, coupled with an absolute increase in global coal demand over the next seven ye
Coal consumption across Asia is slated to outpace that
of China over the next 20 years, coupled with an absolute increase in
global coal demand over the next seven ye
coal demand over the next seven years.
It shows fuel shares
of total world energy supply, including the contribution
of fossil sources (oil,
coal and gas), nuclear power (providing for about 16 %
of global electricity
demand and 6.5 %
of all energy use) and renewables (13 %
of total energy).
Even if those people who don't believe in
global warming are right... with 3 out
of 5 people on the planet living in Asia and their economies and thus their electricity
demand rising exponentially, if they do install all
coal to meet
demand the plume
of black smoke and acid rain will fast become a North American problem.
The increase in emissions
of the all - important greenhouse gas came as
global energy
demand itself increased thanks to strong economic growth — and that
demand was sated by all types
of energy, including renewables but also oil,
coal and natural gas.
A couple
of the big - picture projections in ExxonMobil's annual
global energy outlook: The world's energy needs will grow 25 percent between now until 2040, with oil, natural gas and
coal continuing to meet 80 percent
of that
demand.
By 2022,
global coal demand is expected to reach 5,530 Mtce, the same as the average
of the last five - year period, and meaning that
coal use will have had a decade - long period
of stagnation.
The share
of coal in the
global energy mix is forecast to decline to 26 % in 2022, from 27 % in 2016 because
of sluggish
demand compared with other fuels.