But coal demand will likely continue shifting from the U.S. to Asia. In the United States, demand for thermal coal, which is used by power plants, is about half of what it was a decade ago, and may fall "very dramatically" in the next decade, according to IHS Markit analyst James Stevenson. "In the Asia-Pacific region, however, coal demand had been growing until very recently, and has now 'plateaued.' IHS Markit expects 'a little less coal will be consumed' with each passing year," Saefong reports.
from The Rural Blog https://ift.tt/LCwNzpT Coal expected to remain significant global power source until at least 2050, but demand shifting from U.S. to Asia - Entrepreneur Generations
0 Response to "Coal expected to remain significant global power source until at least 2050, but demand shifting from U.S. to Asia - Entrepreneur Generations"
Post a Comment