Mumbai, Dec. 18 -- Global coal demand is forecast to edge down through the end of this decade as competition intensifies with other power sources - including renewables, natural gas and nuclear - according to the 2025 edition of the International Energy Association or IEA's annual market report. Coal 2025, report explores current market dynamics and provides forecasts through 2030 for demand, supply and trade at the global and regional level. It also examines key trends in investment, costs and pricing.
The report finds that global coal demand is on course to rise by 0.5% in 2025, reaching a record 8.85 billion tonnes. In several major markets, consumption patterns diverged from their recent trends. In India, an early and intense monsoon s...