A new report by the International Energy Agency (IEA) has shown that growth in coal demand from India and other Asian countries would offset declining demand from European nations and from the US, with Australia poised to take up a greater share of coal supply.
In its Coal 2019 report launched in Johannesburg, the IEA noted that the weakness in coal demand this year resulted mainly from coal-fired electricity generation, which is set to experience its largest ever decline, over 250 terawatt hours (TWh), or more than 2.5%.