Does Coal Have a Future?
... China, India will become the most promising market. The International Energy Agency predicts that India will see its coal consumption grow by 135 million tonnes annually by 2022, more than the rest of Asia and Africa combined. However, even India’s coal consumption is eventually expected to peak ( some expect this to happen in 2027), after which Indian investors will turn to renewable energy sources, primarily solar power. Bangladesh, Indonesia, Pakistan and other Southeast Asian countries are also likely to emerge as the main drivers of global demand for coal in the years to come. Russia, owing to its relative geographic ...