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GlobalData: Global coal production set to grow to 2022, despite major players scaling down capacities

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Although Germany, the UK, US, Canada and Ukraine are phasing out domestic coal production capacity, expansion of production capacity in countries such as India and Indonesia is predicted to generate modest annual growth of 1.3% in coal production over the next four years, with output reaching 7.6 to 7,188.8 to 7,194.1 Mt in 2018.

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ExxonMobil Outlook projects hybrids and advanced vehicles to account for nearly 50% of cars globally by 2040; fuel demand for for personal vehicles to peak and decline, while commercial transportation demand rises 70%

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Exxon Mobil Corporation’s new The Outlook for Energy: A View to 2040 , released last week, projects that global energy demand in 2040 will be about 30% higher than it was in 2010 as population grows to 9 billion and global GDP doubles. Growth is led by developing regions such as China, India, Africa and other emerging economies.

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DOE to Award Up to $5M in Grants for RD on Hydrogen Production from Coal

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The US Department of Energy has issued up to a $5-million Funding Opportunity Announcement (DE-FOA-0000103) to solicit laboratory-level R&D projects to develop novel technologies for producing hydrogen from coal. Global deposits of PGMs are quite limited with the largest quantities located in South Africa and Russia.

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Sasol willing to acquire minority stake in CTL JV with Coal India Ltd and NMDC

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Sasol Ltd has expressed its willingness to acquire a minority stake in a coal-to-liquids joint venture with Coal India Ltd (CIL) and NMDC Ltd, a little more than one year after it formed a 50:50 venture with Tata Steel Ltd for a similar project. Bhattacharyya, CIL’s chairman.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). thousand terawatt-hours in 2018, up from 6.4 thousand in 2017.

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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. —Seb Henbest, head of Europe, Middle East and Africa for BNEF and lead author of NEO 2018. trillion being invested globally in new power generation capacity between 2018 and 2050, with $8.4 NEO 2018 sees $11.5

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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas.

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