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Discover the key takeaways from the International Energy Agency's latest report on the coal market, highlighting the rising consumption in Asia and the decline in Europe and the US.
PARIS, 27th July, 2023 (WAM) -- 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.Coal consumption in 2022 rose by 3.3 percent to 8.3 billion tonnes, setting a new record, according to the IEA’s mid-year Coal Market Update, which was published today. In 2023 and 2024, small...
The International Energy Agency expects global demand for electricity to increase by only slightly less than two percent this year. The reasons for this are the ongoing economic slowdown and the...
The International Energy Agency has warned of possible new record prices for natural gas. Although prices have fallen in recent months, this could change this year as demand picks up in Asia and... | February 28, 2023
The International Energy Agency (IEA) finds coal use surging around the world, with the United States and India leading.