Coal puts up a brave fight-I: Bullish outlook ahead
Feb 23:
After an initial fright, coal demand seems to be going through a revival of sorts 8The projection is that global coal power generation capacity is going to increase 15% by 2030 Nearly 300 GW of coal-fueled capacity is currently being built in Asia over next 5 years 8Despite what the climate lobby is saying, against the total coal-based capacity declines of 125 GW from 2017- 2030 in the developed world, fresh capacity to the tune of 439 GW gets added on in this period 8One of the world's largest producers of coal has taken in a 12% increase in global supply through 2022 into its calculations Click on Reports for more