IEA Central Scenario Sees Coal at $110/T by 2035
Reuters Africa reported that the International Energy Agency published its scenario forecasts for coal prices to 2035.
Articles Tagged "international energy agency"
Coal Demand in China to Continue Climbing
The International Energy Agency’s announcement that China overtook the United States as the world’s largest power-consuming nation in 2009 is promising news for coal producers. While other nations are turning away from coal power, it accounted for 70 percent of China’s total energy consumption last year. And, even with China’s National Energy Administration predicting coal consumption will supply only 63 percent of the country’s energy by 2015, investor and analysts are still bullish about coal in China.
Coal-powered energy: here to stay
Most environmentalist groups are confident that an Obama presidency will usher in a new age of greener energy sources in the U.S. However, coal may be clamped down on from mine mouth to smokestack, but it's not as though it’s going out of style.
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.
