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Coal – Global Energy Review 2021 – Analysis

Higher coal demand was also driven by a decline in generation from hydro, following 2019's exceptionally high output. Our estimate for India coal consumption assumes a strong economic rebound in 2021, pushing Indian GDP firmly above 2019 levels and driving up coal demand by almost 9% to 1.4% above 2019 levels. In the United States, coal ...

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Government of Canada releases Policy Statement on future thermal coal

As G7 world leaders gather in the U.K. to combat global challenges, including climate change, and as the next step in Canada's commitment to addressing harmful GHG emissions from coal, the Honorable Jonathan Wilkinson, Minister of Environment and Climate Change, today announced the Government of Canada's public policy …

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Declining coal prices reflect a reshaping of global energy …

This blog is the last in a series of 11 blogs on commodity market developments, elaborating on themes discussed in the October 2022 edition of the World Bank's Commodity Markets Outlook. Coal prices …

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Coal Demand Is Spiking In 2021 | OilPrice

The price of semi-soft Australian coking coal (or metallurgical coal, used for steel production) was $127 per ton, up almost 80% year to date. "Year-to-date thermal coal exports from the U.S ...

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Vietnam's thermal coal imports seen resilient through 2021 …

Singapore — Vietnam's seaborne thermal coal traders are optimistic the country's fossil fuel consumption will continue to rise through 2021 amid burgeoning demand for electricity production at the lowest cost, despite the funding and regulatory challenges that loom for new coal-fired power plants, market sources said Nov. 6.

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Coal prices rally on strong Asian demand and tight global supplies

Since the start of November, high energy Australia coal — the benchmark for the vast Asian market — has climbed 45 per cent to $80 a tonne, according to a price assessment from Argus, while ...

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Thermal coal markets short-term outlook March 2022

Report summary. Three key issues will drive coal markets over the short term. How the Ukraine-Russia conflict will impact coal supply and demand, whether China will be able to offset the economic impact from what is becoming the largest coronavirus outbreak since the start of the pandemic, and more broadly the risk posed by higher …

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The Big Picture: Thermal coal outlook — Breakwave Advisors

Demand for coal, particularly seaborne product, has tapered as lockdowns have reduced energy usage and thus inventories at power plants are now at healthy levels. Looking beyond 2022, we see incremental declines in Chinese steam coal imports as it continues to strive to meet its coal needs from domestic mining.

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Commodities 2023: US thermal coal exports may …

The EIA projects total coal consumption at 512.1 million st in 2022 and 477.8 million st in 2023. US seaborne thermal coal exports are expected to remain slightly softer in 2023 as demand from Asia wanes and supply side concerns take a back seat with the availability of additional Russian tonnages.

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Global coal consumption to reach all-time high this year

The largest increase in coal demand is expected to be in India at 7%, followed by the European Union at 6% and China at 0.4%. "The world is close to a peak in fossil fuel use, with coal set to be ...

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The future of Indian electricity supply: Scenarios of coal

In 2017, grid-based thermal plants performed at an average efficiency of 33.72%; of the thermal capacity, over four-fifths is sub-critical. Grid-based plants consumed 575 million tonnes (Mt) of ...

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Trade Review: Met coal prices enter Q3 on downtrend as rainy …

Tight spot availability in the PCI and semisoft coking coal segments in Q2, coupled with a strong thermal coal market, led to an historic high relativity of 106.65% on May 30 for PCI and a record 92.37% on May 25 for semisoft coking coal. This compares with their average relativities of 73.2% and 65.41% since October 2011.

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India Energy Outlook 2021 – Analysis

Average annual growth in India GDP by scenario, 2019-2040. IEA. Licence: CC BY 4.0. Prior to the global pandemic, India's energy demand was projected to increase by almost 50% between 2019 and 2030, but growth …

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Beware Indonesia's coal export heft in 2023 | Reuters

For 2022 as a whole, total Indonesian thermal coal exports hit 448.5 million tonnes, a record sum that was 56 million tonnes (14.4%) larger than 2021's total, ship tracking data from Kpler shows ...

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EXPLAINED: Coal Comfort? How It's At A Crossroads And Why

India's dependence of coal means the country also imports sizeable chunks of it to meet its power needs. Domestic electricity demand is predicted to double by 2040. India's installed capacity at present is a little shy of 400GW, of which coal, or thermal power, makes up more than 200GW.

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The end of coal? Why investors aren't buying the myth of the …

The Mount Thorley Warkworth mine, near Muswellbrook, supplies international and domestic markets with up to 10 million tonnes of semi-soft coking coal and thermal coal per year.

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Queensland's Coal Industry and Long-Term Global Coal …

• Under the NZE scenario, coal demand is projected to be 45% lower by 2030, declining from 5,644 Mtce in 2021 to 3,024 Mtce in 2030. By 2030, thermal coal production is 50% below 2021 levels, while metallurgical coal is 30% lower. By 2050, these declines extend to 91% for thermal coal and 88% for metallurgical coal.

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Global coal demand set to remain at record levels in 2023

27 July 2023. Global coal consumption climbed to a new all-time high in 2022 and will stay near that record level this year as strong growth in Asia for both power generation and industrial applications outpaces declines in the United States and Europe, according to the IEA's latest market update.

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GLOBAL COAL DEMAND UP | Energy Central

With electricity demand outpacing low-carbon supply, and with steeply rising natural gas prices, global coal power generation is on course to increase by 9% in 2021 to 10 350 terawatt-hours (TWh) – a new all-time high. However, coal's share of the global power mix in 2021 is expected to be 36% – 5 percentage points below its 2007 peak.

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Why Canadian exports of the fuel of the 'previous century' …

While there are other thermal coal mines in Canada, most produce for domestic consumption, as Alberta, New Brunswick, Nova Scotia and Saskatchewan still use coal to produce electricity. Overall, according to the AER, thermal coal exports have increased from about 2 million tonnes per year between 2015 and 2018, to 5.4 million …

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Demand – Coal Market Update – July 2022 – Analysis

We now forecast thermal coal demand for power generation to increase by 1% in 2022, slightly more than in the IEA's recent Electricity Market Report, after developments in recent weeks suggest higher coal power generation in India and Europe.

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Global Coal Market Updates | S&P Global

U.S. coal exports rose in the second quarter as demand and prices remained elevated amid a global energy crisis. Shipment volumes increased 14.8% quarter over quarter to 21.6 million tonnes and climbed 4.6% year over year, according to S&P Global Market Intelligence data. The global coal market has become tight as several …

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Thermal, coking coal prices likely to drop further

Thermal coal prices peaked at $457.80 in September 2022, while coking coal had zoomed to over $600. The IEA said thermal coal demand remains high in other parts of Asia, such as India and Indonesia.

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Coal deal hunters descend on Indonesia as demand peaks

These participants gathered as benchmark Newcastle coal surged to over $440 per tonne while Indonesia's coal benchmark price for September was set at $319.22 per tonne after hitting a record $321. ...

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Commodities 2023: US thermal coal exports may struggle amid …

Meanwhile, China and India are likely to boost domestic production in 2023, which could have a bearish impact on US seaborne coal demand. S&P Global forecasts China's 2023 domestic coal production at 4.9 billion mt, up from 4.5 billion in 2022. India's coal production is projected at 950 million mt in 2023, up from 840 million mt on the year.

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LNG, thermal coal prices slip as China, Europe buying pulls back

The price of Australian thermal coal with an energy content of 5,500 kilocalories per kg (kcal/kg) dropped to a 13-month low of $126.10 a tonne in the week to Feb. 10, and is now down 55.6% from ...

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The thermal coal outlook for 2023

Fitch said it forecast global thermal coal consumption to grow by 0.76 per cent year-on-year (yoy) in 2023, compared with the 4.5 per cent yoy growth achieved in 2022. At the same time, global thermal coal production is expected to grow by 2.14 per cent yoy in 2023, compared to 6.93 per cent yoy in 2022. While coal has been an important …

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Thermal coal prices soar as demand for electricity rebounds

Thermal coal prices soar as demand for electricity rebounds. Popularity of fossil fuel as a stopgap to generate power reveals …

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The world's coal consumption is set to reach a new …

The international coal market remained tight in 2022, with coal demand for power generation set to hit a new record. Coal prices rose to unprecedented levels in March and then again in June, pushed higher …

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The world's coal consumption is set to reach a new high …

Cover of Coal 2022. Global coal demand is set to increase only marginally in 2022 but enough to push it to an all-time high amid the energy crisis, according to a new IEA report, which forecasts the world's …

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Australia could phase out thermal coal within a decade

The price of Newcastle thermal coal recently reached a record high of US$180 per tonne due to rising electricity demand in India, China and other Asian countries. That seems to suggest whatever the consequences, …

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Why is the coal industry making more money than ever before?

China's thermal coal production grew just six per cent this year, while its demand for thermal energy grew by about 14 per cent. ... "If you look at the increase in coal-fired power demand for the ...

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Thermal coal demand in a 2 degree world | CRU

Thermal coal demand in a 2 degree world. Of all the major commodities, it could be argued that thermal coal currently faces the greatest downside, structural risk to demand in the next 10-20 years.

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Indonesia needs 127.1 mil mt coal for domestic market in 2022: …

Indonesia requires 127.1 million mt of thermal coal supply from the producers for the domestic market in 2022 in order to fulfill local energy needs and avert a shortfall seen in December 2021, the en ... Latest News Headlines All Topics Videos Podcasts Special Reports Infographics Insights Magazine Insight Blog Research & …

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Global coal demand set to remain at record levels in 2023

Global coal demand is estimated to have grown by about 1.5% in the first half of 2023 to a total of about 4.7 billion tonnes, lifted by an increase of 1% in power generation and 2% in non-power industrial uses. By region, coal demand fell faster than previously expected in the first half of this year in the United States and the European Union ...

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Asia thermal coal prices get the blues from Europe and LNG

Australian coal with an energy content of 5,500 kcal/kg, another grade mainly bought by China and India, fell to $84.17 a metric ton last week, down 70% from its record high of $280.20 in March ...

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Coal | Australia's Energy Commodity Resources 2022

Over the past decade, coal production has grown by an average annual rate of 2 per cent, moderated by a fall in production in 2010–11 due to flooding in Queensland and again in 2019–20 due to the impact of COVID-19 on global demand (Figure 7). In 2019–20, 90 per cent of Australia's black coal energy production was exported (Figure 8).

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India No 1 in world coal mining boom, thanks to Coal India, Adani …

14 hours agoToday, Adani is the world's largest private coal mine developer." The report adds, "The conglomerate owns coal mines in three countries, is a major trader and transporter of coal, operates a 16 GW coal plant fleet (with another 10 GW in the pipeline), and plans to build a huge US$ 4 billion coal-to- plastics facility in India.

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Thermal coal prices may drop further as supplies improve

Average annual coal prices are forecast to decrease in 2023 compared to 2022 but remain well above their five-year average. "Expected short-term increases in coal demand could be compromised by ...

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Energy Transition: Thermal Coal Will Remain Important In Asia …

Demand for thermal coal is set to decline after peaking in 2024 as coal-fueled power is increasingly replaced with renewables in Europe and the U.S. However, transitioning away from coal is complex and slow for countries like China and India, which account for 70% of global coal demand and are facing a steep rise in power demand, …

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