Asian coal demand to offset renewables growth: IEA

STRONG coal demand growth in India and South East Asia is expect to offset declines in North American and European demand over the next five years, according to the International Energy Agency’s latest coal market report, Coal 2018.

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Asian coal demand to offset renewables growth: IEA Asian coal demand to offset renewables growth: IEA Asian coal demand to offset renewables growth: IEA Asian coal demand to offset renewables growth: IEA Asian coal demand to offset renewables growth: IEA

Coal is still in high demand in Asia, boding well for Australian exports.

It said global coal demand looked set to rise for the second year in a row in 2018 and was forecast to remain stable over the next five years.