Thermal Coal Hits 40-Year High at 29.6% of Global Energy Mix
Platts reported that thermal coal consumption made up 29.6% of the global energy mix, the most in 40 years.
Articles Tagged "coal consumption"
Chinese Coal Miners Expect 2011 Consumption Rise: Macquarie
Platts reported that Chinese coal consumption is expected to rise this year, according to the country's coal producers.
Coal Consumption in U.S. Increased 9.8% Last Week, Genscape Says
Bloomberg reported that US coal consumption was up nearly 10%.
Introduction to Coal Investing
For thousands of years coal has been used as an important source of energy, including a crucial role as a driving force in the Industrial Revolution. Today, coal is the largest source of energy for electricity generation in the world. Coal provides 27 percent of global primary energy needs and generates 41 percent of the world's electricity.
U.S. Coal Use Rose 1.4% in Past Week
Bloomberg.com reports that in the last week, Coal consumption rose by 1.4%
IEA reports world energy outlook
The International Energy Agency has released its World Energy Outlook report. In reaction to steadily rising demand, the agency is confident that coal will continue its role as the main source of power for much of the world at least until 2030 and will outshine all other energy sources.
