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Global coal demand is expected to drop by 2026 – but not in Asia

Electrek

The International Energy Agency’s latest report forecasts a decline in global coal demand by 2026, marking a potential turning point in global energy consumption. more… The post Global coal demand is expected to drop by 2026 – but not in Asia appeared first on Electrek.

Asia 128
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IEA: global electricity demand growing faster than renewables, driving strong increase in generation from coal

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Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, according to a new report from the International Energy Agency.

Coal 221
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EIA projects increases in global energy consumption and emissions through 2050

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In its International Energy Outlook 2021 (IEO2021), EIA projects that strong economic growth, particularly with developing economies in Asia, will drive global increases in energy consumption despite pandemic-related declines and long-term improvements in energy efficiency. —EIA Acting Administrator Stephen Nalley.

Global 259
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New analysis finds Asia produces twice as much mercury emissions as previously thought

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New analysis by an international team led by MIT researchers shows that Asia now releases a surprisingly large amount of anthropogenic mercury. Such models estimate mercury emissions for a region by considering factors such as the amount of coal burned in a power plant and the types of equipment in a plant used to control emissions.

Mercury 150
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IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

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Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. —Joseph McMonigle.

Price 416
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IEA: global energy demand rose by 2.3% in 2018, fastest pace in the last decade; CO2 emissions up 1.7%

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Still, that was not fast enough to meet higher electricity demand around the world that also drove up coal use. Coal use in power generation alone surpassed 10 Gt, accounting for a third of the total increase. Most of that came from a young fleet of coal power plants in developing Asia. to 33 Gigatonnes (Gt) in 2018.

2018 207
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Sasol and Origin Energy form JV for coal bed methane exploration in Botswana

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Sasol recently signed a joint venture agreement with Australia-based Origin Energy Limited for the purposes of exploring for coal bed methane (CBM) in Botswana. Australia’s coal bed methane resources (known as Coal Seam Gas or CSG in Australia) will be used to supply LNG to China and the rest of Southeast Asia.

Botswana 199