Coal Trading with Hayn Park
The HC Commodities Podcast
00:00
The Rise and Fall of Coal in the World
In terms of primary energy consumption i.e. which includes liquid fuels and all sorts of things it's 30% for the entire globe, 3-0 so it's still a significant number. Now if you remove all the things like transportation and only focus on the power sector it comes to about 37% of electricity generation for the whole world. We get that average of 37% when we average numbers like 19% in the US and 75% in India so the range for that is very large. It was always the first fuel that developing nations reached to as they were industrializing as they electrify and grow.
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