Global Coal Markets
PESD's coal research examines the political economy of national and global coal markets. Coal is the world's fastest growing fuel source, and how the world trades and consumes the carbon-intensive fuel will have large impacts on climate change and energy security issues.
Six new U.S. coal export sites in the worksin the news: ClimateWire on April 27, 2012
Facing flagging domestic demand, US coal producers are pushing hard for rail and port infrastructure that would enable exports to China from the Pacific Northwest, says PESD researcher Richard Morse in Climate Wire. (PESD's upcoming annual conference will consider the environmental impacts of such developments.)
As abundant domestic natural gas production erodes coal’s market share in the US, coal producers are looking to overseas markets for growth. At the Argus Americas Coal Summit, Richard Morse gave a presentation discussing the competitive dynamics of US coal exports in world markets. Morse argued that conditions for expansion of US steam coal exports are favorable, but key risks remain that could make or break this “globalization” of the US coal market. Read more »
Several PESD Working Papers helped inform the analysis of the newly released 2011 World Energy Outlook. Read more »
PESD Working Paper #101 on Australia's black coal industry featured in Platts Coal Trader InternationalAnnouncement
Platts' most recent issue of Coal Trader International features PESD Working Paper #101 by Bart Lucarelli. The paper sketches the development of Australia’s export coal industry, from its shaky start in the aftermath of the Second World War amid a glut of cheap oil, to the "phenomenal success story" of today.
- » Australia's Black Coal Industry: Past Achievements and Future Challenges
- » Platts International Coal Report
Gang He traveled to Singapore this past month to present for the Energy Studies Institute (ESI) at the National University of Singapore’s conference on "Policy Responses to Climate Change and Energy Security Post-Cancun: Implications for the Asia-Pacific Region's Energy Security". Read more »
PESD paper on the future of South African coal featured in Bloombergin the news: Bloomberg
In the Bloomberg news article "Zuma's Quest for India Ties Threatens S. Africa Power Supply," PESD Working Paper #100 by Anton Eberhard titled "The Future of South African Coal: Market, Investment, and Policy Challenges" was cited in the estimation of the price Africa's utility Eskom Holdings Ltd. pays for coal.
PESD releases cutting-edge study on the future of Australia's coal market
Critical challenges now facing the industry are poised to determine whether Australia will continue to be the globe's largest coal supplier.