IEA: China and India to Fuel Further Rise in Global Coal Demand in 2018

Global coal demand is expected to grow again in 2018, driven by “strong” fuel burning in China and India, the International Energy Agency (IEA) says.

The IEA’s Coal 2018 report finds that global coal demand grew by 1% in 2017 after two years of decline. 2 The rise was chiefly driven by global economic growth, it says.  Despite recent growth, demand is still below “peak” levels seen in 2014.

Demand is likely to “remain stable” until 2023, the report authors say.  This is because falling demand in western Europe and North America is likely to be offset by increased demand in a host of Asian countries, including India, Indonesia, and Vietnam.

Read more at IEA:  China and India to Fuel Further Rise in Global Coal Demand in 2018