- Saturday, April 27, 2024
By: Radhakrishna N S
While global coal demand looks set to rise for the second year in a row in 2018, it is forecast to remain stable over the next five years, as declines in Europe and North America are offset by strong growth in India and Southeast Asia, according to the International Energy Agency’s (IEA) latest coal market report, Coal 2018. Air quality and climate policies, coal divestment campaigns, phase-out announcements, declining costs of renewable,s and abundant supplies of natural gas are all putting pressure on coal. As a result, coal’s contribution to the global energy mix is forecast to decline slightly from…
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