PUBLISHER: GlobalData | PRODUCT CODE: 1635728
PUBLISHER: GlobalData | PRODUCT CODE: 1635728
GlobalData's "Global Coal Mining to 2030 (2024 Update), " provides a comprehensive coverage on the global coal industry. It provides historical and forecast data on coal production by country, production by company, reserves by country and world coal prices. The report also includes a demand drivers section providing information on factors that are affecting the global coal industry. It further profiles major coal producers, information on the major active, planned and exploration projects by region.
Global coal production is to decline by a marginal 0.1% to 8.9 billion tonnes (Bt) in 2024, with the most significant reductions expected in the US and China. In recent years China has made efforts to reduce the environmental impact of coal mining, implementing stricter regulations and increased investment in cleaner technologies. Overall, the increasing competitiveness of renewable sources, such as wind and solar, as well as drive to reduce emissions, is driving many countries to move away from coal-fired power plants.