... four units at the Akkuyu nuclear power plant, which is expected to supply 10% of the country's electricity needs, the expert adds. "In general, the export of energy coal will decrease, but the situation for coking coal could be better. Coking coal, as a primary resource, is crucial for metallurgy. Demand for it will depend on the pace of China's economic development. Additionally, coking coal exports will shift to the Indian market, where rapid urbanization is taking place, and the steel industry needs it," concludes the NESF expert. ...

... projects less attractive. However, as noted, some Asian nations are temporarily increasing coal use to avoid purchasing expensive gas. As a result, global coal consumption remains on a “plateau.” Analysts from the IEA expect a gradual decline in global coal demand starting in 2026, provided that the energy transition accelerates and China's economy shifts more towards gas and RES. For now, however, the coal sector is ensuring near-record levels of electricity production globally, remaining an essential element ...

... projects less attractive. However, as noted, some Asian nations are temporarily increasing coal burning to avoid purchasing expensive gas. As a result, global coal consumption is currently holding steady. IEA analysts expect a gradual decline in global coal demand to begin in 2026—provided there is an acceleration of the energy transition and a shift in the Chinese economy towards gas and RES. In the meantime, the coal sector remains a crucial component of energy supply, achieving nearly record levels ...

... levels at the beginning of summer (prices rose by ~5–7% over the month), but significantly below prices from a year ago (in the summer of 2024, coal was 15–20% more expensive). This pricing picture reflects a balance of factors: on one hand, global demand for coal remains high (especially during heat waves when coal is used to cover peak loads); on the other hand, market supply is adequate, and consumers have built substantial stocks. Major exporters—such as Australia, Indonesia, Russia, and South Africa—maintain ...

... above early summer levels (prices have risen by ~5–7% over the past month), yet still significantly below prices from a year ago (coal was 15–20% more expensive in the summer of 2024). This pricing pattern reflects a balance: on one hand, global coal demand remains high (especially during heat waves when coal is heavily used to meet peak loads); on the other hand, market supply is adequate, and consumers have built significant reserves. Major exporters – such as Australia, Indonesia, Russia, and ...