Coal demand resilient in face of risks

Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 17 : 19-Dec-18

A new report from the International Energy Agency shows that coal-fired power generation increased by three per cent in 2017 and is expected to grow again in 2018. The IEA’s annual coal outlook also notes that coal’s share of the global energy mix was steady at 38 per cent in 2017. IEA executive director Fatih Birol says coal will remain a major source of power generation for some time. Meanwhile, the IEA forecasts that Australia’s thermal coal exports will rise over the next five years.

CORPORATES
INTERNATIONAL ENERGY AGENCY, ADANI MINING PTY LTD

Renewables on the rise but world will still rely on coal

Original article by Graham Lloyd
The Australian – Page: 2 : 19-Sep-17

The US Energy Information Administration has forecast 28 per cent growth in global energy consumption between 2015 and 2040. Its outlook report also shows that global production of coal will rise by three per cent over the 25-year period. Coal consumption is expected to fall in OECD nations and China, but this will be offset by an increase in countries such as India. The report concludes that fossil fuels will still account for more than 75 per cent of global energy consumption in 2040, although electric power generation via renewables is forecast to record the strongest growth over this period.

CORPORATES
UNITED STATES. DEPT OF ENERGY. ENERGY INFORMATION ADMINISTRATION, ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT

Anglo American rallies to the defence of coal

Original article by Peter Ker
The Australian Financial Review – Page: 27 : 11-Jun-15

Anglo American spokesman James Wyatt-Tilby notes that coal is used to generate about 41 per cent of global electricity supply at present. He expects coal to remain a primary source of energy supply for many years, and argues that a global push for investment funds to eliminate their exposure to coal producers will have no impact on demand. However, he says it will result in less funding for initiatives aimed at reducing carbon emissions.

CORPORATES
ANGLO AMERICAN PLC, AXA SA, OXFORD UNIVERSITY, UNISUPER LIMITED, AMP CAPITAL INVESTORS LIMITED, AMP LIMITED – ASX AMP, HUNTER HALL INTERNATIONAL LIMITED – ASX HHL, GROUP OF SEVEN (G-7), GLENCORE PLC, PEABODY ENERGY CORPORATION