Outlook for Energy Demand
When you go home at night,
or to work,
after a good, a bad, or an ugly day,
do you NOT turn the lights on?
Coals ain’t Coals
Metallurgical (coking) coal
◦ dependent on outlook for steel
Very few effective substitutes for blast furnace
◦ Coking coal is a global market
◦ one of several potential sources of heat for
thermal power stations, competing with
nuclear and increasingly with renewables.
◦ Thermal coal is two regional markets.