TNPSC Thervupettagam

Coal 2022: Analysis and forecast to 2025

December 24 , 2022 488 days 511 0
  • It was released by the International Energy Agency (IEA).
  • It says coal is set to continue to be the growth engine of global coal demand.
  • There is an absence of low-emissions alternatives that can replace coal at scale in the iron and steel sector in the near term.
  • In 2022, the Global coal demand reached eight billion tonnes in a single for the first time.
  • It was eclipsing the previous record set in 2013.
  • India, along with China, is the world’s largest coal producer, consumer, and importer.
  • India’s own coal production will surpass a billion tonnes by 2022.
  • India’s coal consumption has doubled since 2007 at an annual growth rate of 6 per cent.
  • India and China, are also the only two countries globally where there has been an uptick in investment in coal mine assets.

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