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Coal's racial history, inconsistent government policies, and persistent funding for fossil fuels are pushing the coal lobby forward in South Africa. Is the coal …
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04 May 2022 0. There are about 4,000 people currently employed as coal truck drivers in South Africa. All of these workers would be affected by the closure of coal mines as the country moves to a ...
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Part of the additional production is driven by a need to reduce the country's dependence on coal imports, which are expected to drop by 51 million tonnes or 16% from 2021–2024. By 2024, China's coal consumption is forecasted to rise by 3.3% and India's by 12.2%, which would make the two countries responsible for two-thirds of the world ...
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The U.S. Energy Information Administration expects 22% growth in electricity generation from coal this year compared to 2020, partially due to coal's stable prices and the high cost of natural gas ...
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The South African mining industry has consistently increased the size of its workforce, from 406,994 in 2001 to 453,543 in 2018. This has led to a parallel increase in the tax paid by mining companies to the national government, from $1.21bn in 2010 to $1.56bn in 2018, according to the country's Minerals Council.
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Decisions made now will determine whether economies win or lose money as the coal industry changes over the next couple of decades. Countries including Australia and Indonesia could lose billions ...
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Low economic growth in South Africa, growing international opposition to coal mining and coal-fired power generation, Transnet's underperformance on the coal export line that limits export ...
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However, the longer term future for Transnet remains uncertain as coal exports may decrease in the future, according to IHS analysis. Randy Fabi (IHS Coal, Metals & …
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sufficient coal to the Richards Bay Coal Terminal, (RBCT) for export despite record export prices, this despite plans being in place to rectify this situation. In 2023, TFR was only …
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Coal deposits have declined since 2022 and been subject to the worst outageson record. Supposedly far more threatening to the industry is the Just Energy Transition Partnership (JETP), a program pioneered by South Africa following the 2021 COP-26 to phase out coal reliance. However, two years later, coal still dominates the …
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A study by South Africa's Stellenbosch University put the figure at $250 billion over the next 30 years. Recent studies suggest more jobs will be created than lost by going green, but analysts say ...
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This report, the future of coal in a carbon-constrained world, evaluates the technologies and costs associated with the generation of electricity from coal along with those associated with the capture and sequestration of …
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GM Alan Mabbett said: " There is still life in the coal industry, though many countries are changing to renewable energy, there are many countries in Europe that use coal like most African countries"…
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February 24, 2024. The Future of Coal in South Africa: An Interview with Mandy Rambharos. The coal-fired Athlone Power Station in Cape Town, South Africa was decommissioned in 2003 and demolished in 2010. Now, there are talks of reopening the …
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Introduction. "Global coal production has reached peak, so from now it will decline until the it is replaced by other, cleaner sources of energy.". This statement doesn't consider that there is not another source of energy more dependable, abundant and cheap that can replace coal. According to the IEA and the WCA, coal usage is still ...
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In a significant move to redefine the coal industry's future, the World Coal Association has transformed into FutureCoal – The Global Alliance for Sustainable Coal. This rebranding, announced in New Delhi, marks a pivotal shift in the industry, addressing the call for modernization and unity across the coal value chain.
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Our Foundations. 1. Support all fuels and technologies: We encourage the sovereign rights of all coal producing and consuming nations and those nations which seek to genuinely support them. 2. Represent the entire coal value chain: It will encompass thermal, metallurgical, renewable supply chains, and coal innovation sectors with corporate ...
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Between 2009 and 2019, global coal consumption grew by an average of about 1% per year to reach 7.6 billion tonnes, but its share of the world's primary energy supply declined from 28% to 26% over the same period. And its share of electricity generation fell from 40% to 36.5%. From today's perspective – as efforts increase around …
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argued that it is excess to requirement. South Africa is the largest player in the regional market and therefore much of the focus of this report is focussed on this market while placing SA and Regional producers into this larger context. 1.1. Supply and Demand Overview South Africa, (SA), produced approximately 231.2 million tons of coal in 2022,
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Recently, it has been recorded that the South African coal sector exceeded 21% (over R130-billion) of total mining revenues. The …
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China's coal use dropped to 4120 million tons, a decrease of 2.9% in 2014, and to 3963 million tons with another 3.6% decrease in 2015. The decoupling of economy and coal use has raised the important question of whether this is just a temporary dip, or a turning point that indicates that peak coal consumption has already arrived.
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Not only does the Mpumalanga Province coalfield account for over 84% of South Africa's coal production, it also contains 46.4% of the country's major arable soils and is a major producer of maize. ...
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South Africa's coal green fields are mostly located in the Waterberg basin, which is reported to be the future of coal mining in the country. Some of the exploration projects recently …
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Emboldened by a surge in coal demand in Europe in 2022 and record high prices, which have both since almost completely reversed, and by the decision to delay the shutdown of Eskom's old, coal-fired power stations, sentiment about the future of coal in SA seems to have turned. "We have won the war of government supporting coal," said …
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January 29, 2024. The global coal market has experienced a turbulent three years, with demand dropping sharply during the COVID-19 pandemic, only to skyrocket as a post-COVID-19 rebound that coincided with Russia invading Ukraine. Global coal demand reached an all-time high in 2022 and for 2023 the black rock was still central to the …
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Coal is immensely important for employment and energy generation in South Africa and, as a developing nation and emerging market, the coal industry has played a pivotal role in powering the nation ...
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Even with limited implementation of climate change policy, coal is no longer South Africa's future. Compatibility with 2oC will require large scale and rapid switching away from …
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With its vast range of experience, Menar discussed the challenges currently being experienced in the coal industry in South Africa, particularly in light of the COP26 drive to decarbonise through a just transition in the global net-zero journey, to be achieved by 2050. "South Africa is well endowed with coal.
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The Integrated Resource Plan (IRP 2019) anticipates that South Africa's emissions are expected to peak, plateau and, from 2025, decline. It also recognises that the energy sector contributes close to 80% of the country's total greenhouse gas emissions, of which 50% are from electricity generation and liquid fuel production alone.
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Global coal demand reached an all-time high in 2022 and for 2023 the black rock was still central to the world's economy as the largest energy source for electricity …
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