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Tuesday, December 18, 2018

The Story of Coal..

The United Kingdom was the first large-scale coal producer - we see its long-run trend growing, peaking just prior to the First World War, and its gradual decline throughout the 20th century. Its production levels are now comparable to those at the beginning of the 1700s.

Today, China dominates global coal production, accounting for nearly half of total output. This growth has been rapid since the 1960-70s. However, Chinese coal production appears to have peaked, with continued decline in the years since. This decline is likely to have been a key contributor to the apparent global peak in 2013.

Driven by continued population growth and economic development, India's coal consumption grew more than four-fold from 1960 to 1990, and has more than doubled from 1990 to today.

However, the per capita use of coal remained the highest in China in 2015, at over 15 Megawatt Hours (MWh) per person per year. The US, Germany and Japan were between 10-15 MWh and the UK and India, below 5 MWh.

In 2016, nearly three-fourths of the world's coal production was in the Asia-Pacific Region. 
Asia Pacific was also the dominant coal consumer, accounting for nearly three-quarters of global consumption. Europe & Eurasia accounted for 13 % of the world's coal consumption and North America for 10 %. The Middle East, South America and Africa accounted for just 2 % of the world's coal consumption in 2016. 

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