• Burning Issue: Peak Coal Close But Demand Lingers

  • Nov 20 2024
  • Length: 37 mins
  • Podcast

Burning Issue: Peak Coal Close But Demand Lingers

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  • Summary

  • “It looks like coal weather today,” is an unlikely forecast, but it shouldn’t be. Coal production and consumption are linked to weather, and the return of a La Niña weather cycle has the potential to extend the lifespan of coal power assets and influence fuel switching. While peak coal demand is close, near-term drivers point to stagnation rather than a rapid decline. Developed economies are shutting thermal power assets at scale, but China is responsible for 56% of global coal consumption and continues to import and stockpile coal in vast quantities.

    On today’s show, Dana is joined by Fauziah Marzuki, BloombergNEF’s Global Head of Gas Markets, alongside Yumi Kim, Power Markets Associate, to discuss key findings from their recent report Coal Outlook: Hot and Cold to 2050.

    Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF on the Bloomberg Terminal or on bnef.com

    Links to research notes from this episode:

    Coal Outlook: Hot and Cold to 2050 - https://www.bnef.com/insights/35205

    See omnystudio.com/listener for privacy information.
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