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Markets & Forecasts

A clean lifeline for coal?

The coal sector is facing economic and environmental challenges that threaten future demand, but there is still room for growth in some markets The coal sector is facing economic and environmental challenges that threaten future demand, but there is still room for growth in some markets.
By Catriona Scott 5 September 2019 World / Supply & Demand 0 34556
Leaders of Australia's coal industry have been making the case for coal's role in a future sustainable energy mix. (pixabay.com)

Global coal demand is forecast to rise by less than 1% between 2017 and 2023, to roughly 4.6 billion tons of coal equivalent, according to the International Energy Agency. The two biggest markets for coal, China and India, accounted for 60% and 12% of its use respectively in 2017. However, China’s share of the coal market is expected to decline. The only growth in coal consumption out to 2023 will come from India and Southeast Asia, but it will outweigh declines elsewhere. Demand in the...