Coal consumption falling

every little bit helps. And yet, sec. Zinke and Trump are looking at coal NEW veins out West. We really have to get rid of Trump and his Cabinet!


Coal consumption falling


http://www.miningnews.net/commodities/other-commodities/coal-consumption-falling/



GLOBAL coal consumption fell 1.9% to 5.4 billion tonnes of coal equivalent last year, the second year of decline, because of lower gas prices, a surge in renewables and improvements in energy efficiency, according to the International Energy Agency Coal 2017 report.

Lau Caruana
27 Dec 2017
12:00




CoalInternational Energy Agency

Coal demand is down 4.2% over the past two years, nearly matching the two-year decline in the early 1990s, which remains the biggest recorded drop since the IEA started compiling statistics more than 40 years ago.

Looking ahead, global demand for coal should remain nearly flat between 2017 and 2022, resulting in a decade of stagnation for coal consumption.

By 2022, global coal demand is expected to reach 5.5Btce, the same as the average of the past five-year period.

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.

Although coal-fired power generation increases by 1.2% per year through 2016-22, its share of the power mix falls to just below 36% by 2022, which would be the lowest level since IEA statistics began, according to International Energy Agency energy markets and security director Keisuke Sadamori...........................

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