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Global coal demand growth seen moderating between 2013 and 2018 -IEA

Posted on 17 December 2013

Tougher Chinese policies aimed at reducing the nation’s dependency on coal and curbing pollution will help moderate global coal demand growth over the next five years, said a leading world energy watchdog Monday.
The International Energy Agency said in its Medium-Term Coal Market Report that coal is forecast to grow at an average of 2.3% a year through 2018 compared with the 2012 report’s forecast of 2.6% for the five years through 2017 and the actual growth of 3.4% a year between 2007 and 2012. Coal is forecast to be the fossil fuel with the largest growth in absolute terms up to 2018, although natural gas demand is forecast to grow at 2.4% a year over the same period………………………………………..Full Article: Source


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