{"id":87077,"date":"2019-12-19T15:38:30","date_gmt":"2019-12-19T10:08:30","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=12449"},"modified":"2019-12-19T15:38:30","modified_gmt":"2019-12-19T10:08:30","slug":"asia-is-set-to-support-global-coal-demand-for-the-next-5-years-iea","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/asia-is-set-to-support-global-coal-demand-for-the-next-5-years-iea\/","title":{"rendered":"Asia is set to support global coal demand for the next 5 years: IEA"},"content":{"rendered":"\n<p><strong>News:<\/strong>International Energy Agency(IEA) has released the IEA Coal Market Report 2019.<br><\/p>\n\n\n\n<p><strong>Facts:<\/strong><br><\/p>\n\n\n\n<p><strong>Key takeaways from the report:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Coal remains a major fuel in global energy systems accounting for almost 40% of electricity generation and more than 40% of energy-related carbon dioxide emissions.<\/li><li>The People\u2019s Republic of China, India and other Asian economies led the expansion while coal power generation fell in Europe and North America.<\/li><li>However,the global coal demand is expected to decline in 2019 but remain broadly stable over the next five years supported by robust growth in major Asian markets.<\/li><li>The renewable sources will supply a major portion of the increase in global electricity demand over the next five years.<\/li><li>The electricity generation from coal will rise only marginally over that period at less than 1% per year and its share will decline from 38% in 2018 to 35% in 2024&nbsp;<\/li><li>The countries in South and Southeast Asia such as India, Indonesia and Vietnam are still relying on coal to fuel their economic growth.&nbsp;<\/li><li>India\u2019s coal demand is expected to grow by more than that of any other country in absolute terms till the forecast period of 2024.<\/li><li>Further,China which is the world\u2019s biggest coal producer and consumer, consumption will reach its peak around 2022.<\/li><\/ul>\n\n\n\n<p><strong>Additional information:<\/strong><br><\/p>\n\n\n\n<p><strong>About IEA:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The International Energy Agency (IEA) was founded in 1974.It is an autonomous intergovernmental organization established under the OECD framework.It is headquartered in Paris,France.<\/li><li>It works to ensure reliable, affordable and clean energy to its 30 member countries, 8 association countries and beyond.<\/li><li>It has four main areas of focus namely (a)Energy security (b)Economic development (c)Environmental awareness and (d)Engagement worldwide.<\/li><li>India became an associate member of the International Energy Agency in 2017.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News:International Energy Agency(IEA) has released the IEA Coal Market Report 2019. Facts: Key takeaways from the report: Coal remains a major fuel in global energy systems accounting for almost 40% of electricity generation and more than 40% of energy-related carbon dioxide emissions. The People\u2019s Republic of China, India and other Asian economies led the expansion&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/asia-is-set-to-support-global-coal-demand-for-the-next-5-years-iea\/\">Continue reading <span class=\"screen-reader-text\">Asia is set to support global coal demand for the next 5 years: IEA<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[4182],"tags":[4820,4273],"class_list":["post-87077","post","type-post","status-publish","format-standard","hentry","category-environment","tag-coal-demand","tag-iea","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704657270},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/87077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=87077"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/87077\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=87077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=87077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=87077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}