There are 650 million people in SE Asia, and per capita energy use is far lower than the global average. The region needs more energy and electricity. There is a clear shift to coal—and it is tied to the relative decline of gas. Source: The National Bureau of Asian Research
Demand for coal returned to y-o-y growth in Sept 2020 with the unlocking of the economy, after declining in each of the months during Apr to Aug 2020. Source: Care Ratings
World steel production is now on a recovery path. Stimulus in China has prevented a much worse overall result, though steel demand remains low in many countries. World steel consumption is forecast to rebound as the global economy recovers, growing by 3.8 per cent in 2021 and by 3.6 per cent in 2022. Source: Office […]
While fossil fuel power generation will fall below 70%, coal will increase. Japan is on the way back to a normal energy situation while ending the COVID-19 pandemic.. Source: Ryo Eto, EDMC
Mongolia’s total coal exports during 2020 plunged by 22% to 28.6 million tonnes, well below the target set by Ulan...
Gas generation in key fuel switching regions has increased in recent days, partially in response to the downward adjustment in...
Over the past week, thermal coal prices in Europe soared to over 66 USD/t amid the growth of natural gas...
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