How Has Coal Consumption Changed over Time?

Global coal consumption increased by about 50 percent from 2000-2010, rising from about 2,400 million tonnes oil equivalent (MTOE) to about 3555 MTOE. In 2010 alone, consumption grew about 7.6 percent, with more than 75 percent of that growth occurring in the Asia-Pacific region. Coal fulfills almost 30 percent of the world's energy needs and generates more than 40 percent of the world's electricity.

More facts about coal:

  • Five countries — China, the United States, India, Japan and South Africa — combine to consume more than 80 percent of the world's coal.

  • Although coal consumption has increased, production has increased, too. Global coal production was projected to increase by about 50 percent from 2010-2030.

  • Compared with other energy sources, coal is very common. Recoverable deposits of coal exist in about 70 countries, and at 2010 production levels, known coal reserves were expected to last for about 120 years.
More Info: www.businessinsider.com

Discussion Comments

coalportal

It is a bit of a juggling game in the coal industry and coal prices from underground mines to ensure enough electricity and steel capacity worldwide while making sure the impact on the environment and people is minimal.

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