An increase in the demand for electricity, accompanied with the boom in global oil prices and the shortage of gas has led to an increase in energy crisis around the world.
But for all the headlines about oil prices and climate change, the most important energy story — indeed, the energy story of the last four decades – has been the growth in global coal demand.
Since 1973, no other form of energy has grown faster than coal. The IEA (International Energy Agency) expects that coal demand will continue growing through 2019 by more than 2 percent per year. Perhaps even more astounding is the IEA’s projection that by 2019 or so, on a BTU basis, global coal use will exceed global oil use. The vast majority of new coal demand is coming from developing countries that accounts for more than half of all global coal consumption
