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India's state-owned coal mining companies are planning to invest around Rs 20,000 crore in the next four years to set up renewable energy generation projects across states, Amrit Lal Meena, Secretary in the Ministry of Coal told ETEnergyworld in an interview. Story by: Sudheer Pal Singh Amrit Lal Meena| Coal India Limited| Ministry of Coal - Official| #RenewableEnergy #Investment #SustainableDevelopment #EnergyTransition #ClimateAction #IndiaEnergy #CoalPSUs

The IEA's recent findings reveal a stable global coal demand through 2025, driven by rising electricity needs in China and India despite rapid renewable growth. This pivotal moment demands accelerated renewable integration, investment in cleaner coal technologies, and collaborative policy reforms to ensure energy stability and sustainability. While Europe and the US see declining coal use, targeted strategies in China and India can drive significant global impact. As we navigate this complex energy landscape, our leadership in driving innovation and policy reform will determine our success in achieving a balanced, sustainable energy future. #EnergyLeadership #SustainableFuture #RenewableEnergy #CoalDemand #IEAReport #InnovationInEnergy #CleanEnergy #EnergyTransition #ClimateAction #Sustainability #GlobalEnergy #EnergyPolicy #GreenTech #CarbonReduction #FutureOfEnergy #EnergySecurity #EnvironmentalLeadership #EnergyEfficiency #StrategicGrowth #GlobalTrends #Mining #MiningIndustry

Australia has more advantages than virtually any other country when it comes to the energy transition, but its miners say it risks being left behind. While it’s the biggest exporter of lithium and iron ore, and a major producer of copper, aluminium and other critical minerals, the missing link is cheap renewable electricity. #energy #energytransition #mining #commodities #renewables #electricity #ironore #lithium #copper #metals

Global coal demand to remain largely stable through 2025 Global consumption of coal is set to remain largely stable this year and the next as surging electricity demand in key economies will likely offset the rapid expansion of renewables such as solar and wind, the International Energy Agency (IEA) said in a recent market report. In 2023, the world’s use of coal rose by 2.6% to set a new all-time high of 8.70 billion tonnes, driven by strong growth in China and India, the two largest consumers globally, the IEA’s July 2024 Coal Mid-Year Update finds. Driving forces While coal demand grew in both the electricity and industrial sectors, the main driver, according to the IEA, was the use of coal to fill the gap created by low hydropower output and rapidly rising electricity demand. This trend is expected to continue this year, with global coal demand forecast to rise marginally by 0.4% to roughly 8.74 billion tonnes, the IEA report says. In its last publication, the Agency previously predicted a decrease in demand in 2024, with a moderate decline thereafter. However, this forecast, it says, required two conditions: a recovery of hydropower generation in China after years of low rainfall, and a slowdown in Chinese electricity demand growth; the latter of which did not materialize. Regional demand China, the world’s largest producer and consumer of coal accounting for more than half of the global consumption, saw its electricity demand rebound in 2023, growing by 7%. Another major annual increase in China’s electricity demand is expected this year (6.5%), the IEA forecasts, despite a recovery in the hydropower sector combined with rapid deployment of solar and wind. India, the second-largest source of global coal consumption, saw double-digit growth (10%) in coal demand for power generation last year. Unlike in many other parts of the world, in India, growth in renewable energy sources is unable to keep pace with the growth in power demand. In the first half of the year, India’s coal consumption rose sharply as a result of low hydropower output and a massive increase in electricity demand due to extreme heatwaves and strong economic growth. Supply forecast On the supply side, global coal production is expected to decrease slightly in 2024 after steady growth the year before, the IEA says. However, other countries are stepping in to take up available supply, it adds. In 2024, Vietnam is set to become the fifth largest coal importer, surpassing Chinese Taipei. Imports to China and India remain at all-time highs. https://lnkd.in/gXtZY_TB

Coking coal remains a key source of minerals & energy. Coal-fired power reached a record-high 64.6% share of Vietnam’s electricity generation this year… 🔥demand remains high #energystrong #rareearth #coal #criticalminerals #energysecurity #energy #fossilfuel #oilandgas #mining #rawmaterials #steel.

COAL & SOUTH AFRICA! With an estimated 53 billion metric tons of coal in reserves and almost 200 years of supply left using the current production rate, South Africa (SA) is the largest producer in Africa and 5th largest producer globally. Coal is the primary source of energy in SA, dominating over 70% of electricity generation according to the Department of Energy (DOE). As of July 2018, SA had a coal power generation capacity of 39 GW. Amid growing energy demand, the government aims to take its power generation capacity to 77 GW by 2030, with a significant portion of it coming from renewables. Our latest article takes a deep dive into the coal industry in South Africa, revealing critical data and insights that can better your understanding of the country's electricity sector. Click the attached link to read the full article. #Coal #Energy #Africa #SouthAfrica #ClimateChange

"Global demand for #copper is rising steadily and is only expected to accelerate. Even with China experiencing deflation, the metal has held up well this year vs previous years, where it moved exclusively in response to changes in China. The difference is the additional demand from the #energy #transition. Electric vehicles and even the expansion of #renewable #energy infrastructure all rely on copper." - Pay Attention To Copper Before It Derails The Energy Transition, via Forbes: 👉 https://lnkd.in/gghSX4ZH #coppersupply #coppermining #copperexploration #canadiancopper #canada #canadianmining #mining #miningexploration #minerals #criticalminerals #miningandmetals #geology #resources #naturalresources #energytransition #energyinvestment #energynews #miningnews #renewableenergy #renewables #energyindependence #energymanagement #commodities #china #electrification #electriccars #electricvehicles #batteries #batterymetals #basemetals #infrastructure

#OPEC: The World Cannot Run On #Renewable #Energy And #EVs! "Proponents of critical #minerals as the way to have a world running solely on #renewables and #electric #vehicles are not providing the full picture as their assessments of #necessary #investments and the speed of the #energy transition sound unrealistic, according to #OPEC #SecretaryGeneral #HaithamAlGhais. #Policymakers and #forecasters, as well as advocates of a fast energy transition, need to carefully consider if the needed #investments and volumes of critical #minerals #supply are feasible in their net-zero scenarios, Al Ghais wrote in an article published on OPEC’s website on Monday. “Moreover, critical mineral mining is also an extremely energy-intensive activity, and one that today runs on hydrocarbons. It could not function otherwise,” OPEC’s top official wrote. #Coal and #naturalgas are vital for the processing of raw critical minerals to refine them into #battery-grade products ready to be used in #cleanenergy and #electricvehicles (#EVs). “#Petroleum-based products are also used for #excavators, #bulldozers, dump #trucks on site, as well as various forms of #transportation to move minerals from supply to demand centres,” Al Ghais said. “Is it realistic to think #renewables can meet the expected #electricity expansion alone, particularly given the world has invested over $9.5 trillion in ‘#transitioning’ over the past two decades, yet wind and #solar still only supply just under 4% of the world’s #energy, and EVs have a total global penetration rate of between 2% and 3%,” Al Ghais wrote."

The energy transition will need critical minerals and metals. Here’s how to mine responsibly A renewable energy transition will increase demand for critical minerals and metals, such as lithium, copper, manganese and rare earth elements. The market for key energy transition minerals has already doubled over the past five years, and the total demand for these materials in clean energy technologies is expected to increase between twofold or fourfold by 2040. https://lnkd.in/gfs54J7r

Since late February, #coal's share of electric generation has not been higher than 15%, a trend that could continue well into May. Its share of the U.S. power market has dropped from 38.6% in 2014 to just 16.1% in 2023, and more decline is on the way. That persistent poor performance is starting to have a major impact on coal mining. For the first time in many years, coal production dropped below 8 million tons in the first two weeks of April according to data from the U.S. Energy Information Administration (EIA). At its peak in 2008, U.S. coal production frequently topped 23 million tons a week. While coal is collapsing, utility-scale #wind and #solar continue to grow. As data from EIA's hourly grid monitor shows, renewable generation (which also includes hydropower) has not fallen below 20% of daily generation since mid-February, and now is often providing more than 30% of total demand. The #energytransition moves on. See more analysis at the Institute for Energy Economics and Financial Analysis (IEEFA).