4min chapter

The HC Commodities Podcast cover image

Coal Trading with Hayn Park

The HC Commodities Podcast

CHAPTER

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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