US Coal Exports
Exports Economic Contributions Report
Dec 26 2013

Report Shows Global Coal Use Growing Rapidly (Power Engineering)

Report: Coal-fired power generation market to exceed 2,000 GW globally by 2019

The global installed capacity of coal-fired power generation is expected to increase from 1,673.1 GW in 2012 to 2.057.6 GW by 2019, according to a report from Transparency Market Research.

Pulverized coal systems, which accounted for more than 50 percent of the market share in 2012, are expected to continue to dominate the technology-based demand until 2019, according to the report. Cycle furnaces will account for a lower share, while other technologies, such as fluidized bed and coal gasification, will account for a small part of the market share.

Commercial applications of coal-fired power generation, which accounted for 56 percent of the market share in 2012, are expected to grow, while residential applications are expected to decline as other sources of energy such as solar power and hydropower become more popular, Transparency Market Research states.

The Asia Pacific market, which currently has more than 56 percent of the global market share in installed capacity, is expected to show the most growth, according to the report.

See article here.

  • “The fact that we’re no longer in the age of energy scarcity – that we’re in the age of energy abundance – positions the United States in a totally different place. This gives access to affordable, reliable energy in the United States, and gives the U.S. a major competitive advantage.”
    – Dave Banks, Special Assistant to President Donald Trump for International Energy, June 2017
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  • “Historically, U.S. companies seeking to expand their revenues focused first on increasing their number and share of U.S customers. For years, this focus served as a winning strategy for many of the most successful U.S. companies. Today, global economic trends make clear that successful companies are those that reach and sell to consumers outside U.S. borders and around the globe.”
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  • “At present 19% of the world’s population, 1.3 billion people, lack access to electricity and on New Policy Scenario projections there will still be 1 billion people without such access in 2030. To meet the UN Millennium Development Goal of eradicating extreme poverty by 2015, 395 million more people need access to electricity. There is a strong correlation between electrification and improvement in the United Nations’ Human Development Index.”
    — International Energy Agency, Coal Industry Advisory Board
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    — Berkeley Science Review, 2008

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