How Southeast Asian Countries Could Drive the Future of Coal Technology
Poised to drive the future of coal power, many Southeast Asian countries are considering new coal plants with high-efficiency, low-emissions (HELE) technologies, a new report suggests.
According to the International Energy Agency’s (IEA’s) December-released World Energy Outlook 2017, Southeast Asia, along with India and other developing economies in Asia, will drive global coal demand. The region’s coal consumption is expected to grow two-and-a-half times to 385 million tonnes of coal equivalent (Mtce) in 2040, even as demand remains sluggish in the rest of the world compared to other fuels. Demand growth will clearly be driven by power plants, which are expected to account for nearly 75% of additional coal use in the coming 25 years, the agency noted.
“Electricity demand grows by 3.7% per year over the period and the region’s power system planners need to mobilise all sources of power generation to keep pace. Coal is a fuel of choice not only because it is markedly cheaper than natural gas in the long term but also because coal projects are in many cases easier to pursue as they do not require capital-intensive fuel delivery infrastructure (unlike gas),” it said. Read more