Coal trade is set to grow in tandem with growing
import demand from China and as Indian installations
of coal-fired power stations expand. However, growing
environmental regulation, including in Europe, together
with the upside potential of China given its large
domestic coal resources, may have an offsetting effect
and result in a much moderated growth (Clarkson
Research Services, 2013a). There remains uncertainty
as to whether the Chinese imports, which have surged
since 2008, can continue to grow at the strong rate
observed so far. In a separate development, it should
be noted that new coal power plants are expected to
come on stream between 2012 and 2020 in Europe.
These plants should reach a capacity nearly double
the existing capacity during the preceding eight-year
period and result in approximately 80 power plant
units being newly built or replaced (Research and
Markets, 2012). These developments are likely to
affect demand for coal and further shape the flows
and patterns of coal trade.
Coal trade is set to grow in tandem with growing
import demand from China and as Indian installations
of coal-fired power stations expand. However, growing
environmental regulation, including in Europe, together
with the upside potential of China given its large
domestic coal resources, may have an offsetting effect
and result in a much moderated growth (Clarkson
Research Services, 2013a). There remains uncertainty
as to whether the Chinese imports, which have surged
since 2008, can continue to grow at the strong rate
observed so far. In a separate development, it should
be noted that new coal power plants are expected to
come on stream between 2012 and 2020 in Europe.
These plants should reach a capacity nearly double
the existing capacity during the preceding eight-year
period and result in approximately 80 power plant
units being newly built or replaced (Research and
Markets, 2012). These developments are likely to
affect demand for coal and further shape the flows
and patterns of coal trade.
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