What is the world supply of coal?
What is the amount of world coal reserves? As of December 31, 2020, estimates of total world proved recoverable reserves of coal were about 1,156 billion short tons (or about 1.16 trillion short tons), and five countries had about 75% of the world’s proved coal reserves.
What is world coal production?
Worldwide coal production in 2019 increased by 1.5% to 7 953 Mt, compared with a decline in coal demand, and therefore, coal stockpiles expanded. Thermal coal and lignite made up around 86% of this production and the remainder was metallurgical coal.
Why is coal predicted to increase?
The anticipated growth of coal demand (see Graph 1) will also be driven, and increasingly so, by coal’s capability to accommodate societal concerns: economic growth, environmental protection, mitigation of climate change, improved labour safety and health standards, and community development.
Which is the largest producer of coal in the world?
China
China is by far the leading hard coal producer worldwide. In 2018, the economic powerhouse was responsible for over 3.5 billion metric tons of hard coal produced. In 2019, China was also the leading global coal consumer, at 82 exajoules.
Who is the biggest coal exporter in the world?
Indonesia
Indonesia remained the world’s largest exporter of coal (by weight) with total exports of 455 Mt in 2019.
Where does the world’s coal come from?
China, India, US, Australia and Indonesia make up the five leading coal producing countries in the world.
Which country is the largest producer of coal?
Leading hard coal producing countries worldwide in 2018 (in million metric tons)
| Characteristic | Production in million metric tons |
|---|---|
| China | 3,530 |
| India | 730.3 |
| United States | 634.2 |
| Indonesia | 497.8 |
Which state is the largest producer of coal?
Jharkhand is the largest coal-producing state in India. The top coal-producing states are Jharkhand, Orissa, Chhattisgarh, West Bengal, Madhya Pradesh, Telangana and Maharashtra.
Where is the best coal in the world?
China is the global leader in coal production by an incredible margin, producing 3,474 metric tonnes (mt) in 2018, rising by 2.9% for the second year running but down from its peak of 3,749mt in 2013. This is despite the countries public pledges to the Paris Climate Agreement in 2015.
What are the forecasts for coal demand in 2021?
Our 2021 forecast assumes global GDP growth of 5.2% based on the IMF World Economic Outlook, which will boost electricity demand and industrial production, the main drivers of coal demand. Coal consumption will rise 2.6% to 7 432 Mt (still less than in 2019) as a result of increased demand in China, India and Southeast Asia.
What is the short term outlook for coal?
Short-Term Energy Outlook. Coal. EIA expects electric power sector demand for coal to fall by 2% in 2020, compared with an expected decline of 15% in 2019.
Where does the world’s coal demand come from?
Large drops in coal demand (more than 15%) are estimated in the European Union and North America, while smaller but significant decreases (5‑10%) are expected in some Asian countries, including Korea, Japan and India. China, the world’s primary coal consumer, is expected to maintain its 2019 consumption level in 2020.
How much coal is there in the world?
What is the amount of world coal reserves? As of December 31, 2016, estimates of total world proved recoverable reserves of coal were about 1,144 billion short tons (or about 1.14 trillion short tons), and five countries had about 75% of the world’s proved coal reserves. The top five countries and their share of world proved coal reserves as