WCA's response to IEA’s Medium-Term Coal Market Report

12th Dec 2016

China continues to lead global coal demand

 

Total coal demand (Mt) 2014

Total coal demand (Mt) 2015*

Absolute growth (Mt)
2014-15

Relative growth (%) 2014-15

CAGR
(% per year)
2005-14

Share (%) 2015

China

3 897

3 764

-134

-3.4%

6.7%

48.8%

India

889

912

24

2.7%

7.3%

11.8%

United States

839

713

-126

-15.0%

-1.8%

9.3%

Germany

239

239

0

0.2%

-0.4%

3.1%

Russia

201

219

18

8.9%

-0.8%

2.8%

European Union

699

691

-8

-1.1%

-1.6%

9.0%

OECD

2 099

1970

-129

-6.1%

-1.0%

25.6%

Non-OECD

5 813

5736

-78

-1.3%

5.6%

74.4%

World

7 912

7 706

-206

-2.6%

3.3%

100.0%

Source: IEA

  • Coal was the second-largest primary energy source after oil, accounting for 29% of global energy consumption.
  • Coal remained the largest contributor to power generation at 40%. 
  • India has become the second-largest coal consumer in the world, surpassing the United States. Total coal consumption in India increased by 2.7% in 2015 compared to 2014.
  • Russia also saw an increase in demand  by 8.9%
  • Production in India and Australia increased in 2015 by 5.1% and 4.1% respectively.

WCA CEO, Benjamin Sporton notes that:

“Coal continues to be the backbone of global electricity generation and still makes up 40% of global electricity. It will continue to play a major role in delivering energy access and security long into the future. While recent years have been challenging for the industry, 2016 has shown coal’s resilience and importance to the global energy system. As demand patterns shift further into developing and emerging Asian economies, we will continue to see strength well into the future”.