Transcription of Coal - .NET Framework
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Coal2020 Analysis and forecast to 2025 Coal 2020 PAGE | 2 Abstract IEA. All rights reserved. Abstract Coal 2020 highlights recent global and regional trends in coal demand, supply and trade, and an outlook to 2025. The extraordinary circumstances in 2020 impacted coal markets and lend uncertainty to how they will be tailored in a post-Covid-19 economic recovery. Therefore, Coal 2020 spotlights developments in 2020 and expected conditions in 2021. It also provides an analysis of the evolution of coal supply costs, prices and investment in mining projects. China the world s largest coal producer and importer as well as consumer of more than half of global coal is highlighted. In addition, Coal 2020 includes forecasts of coal demand, production and trade by region and coal grade, and a compilation of coal mining projects in the main exporting countries in its annexes.
European Union and the United States now represents around 10% of global coal use, further declines in those markets will have a limited effect at a global level. In China, coal demand is reaching a plateau, although our 2025 forecast will need to be reviewed following the release of the Chinese government’s 14th Five- Year Plan.
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