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INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016 Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI) |
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| Paper Title: | COAL: A VITAL ENERGY RESOURCE UNDER SCRUTINY |
| Authors Name: | S.RAMASWAMY , V.SUTHA , V.KAVERI , SRUTHI MOHAN |
| Download E-Certificate: | Download |
| Author Reg. ID: |
IJNRD_217126
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| Published Paper Id: | IJNRD2404012 |
| Published In: | Volume 9 Issue 4, April-2024 |
| DOI: | |
| Abstract: | In 2022, global coal demand surged to an unprecedented 8.42 billion tonnes (Bt), marking a 4% increase from the previous year, driven primarily by Asia. China witnessed a 4.6% rise, equivalent to 200 million tonnes (Mt), while India and Indonesia experienced hikes of 9% (97 Mt) and 32% (49 Mt) respectively, with nickel smelters notably contributing to Indonesia's growth. Conversely, the United States observed an 8% decline, amounting to 37 Mt, the most significant drop globally, while Europe's 4.3% consumption uptick was subdued due to factors like a tepid economy and mild winter. Although some European countries faced subdued hydropower and nuclear electricity generation, natural gas price spikes prompted a shift to coal. However, in 2023, advanced economies, particularly the European Union and the United States, are anticipated to witness substantial declines, approximately 20% annually. Nonetheless, China and India, with growth rates of approximately 5% and 8% respectively, alongside Indonesia, Vietnam, and the Philippines, are projected to offset these decreases, collectively accounting for over 70% of global coal demand. Despite commitments to renewable energy, emerging economies like India and Indonesia are expected to rely on coal to sustain robust economic expansion, leading to a slight 1.4% growth in global coal demand to a new high of 8.54 Bt in 2023. Notably, China's dominance in the coal market surpasses that of any other country for any fuel, consuming and producing more than half of the world's coal while serving as the largest importer, controlling nearly one-third of the global coal trade. |
| Keywords: | Coal demand, Carbon emissions, Renewable energy |
| Cite Article: | "COAL: A VITAL ENERGY RESOURCE UNDER SCRUTINY", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.9, Issue 4, page no.a82-a93, April-2024, Available :http://www.ijnrd.org/papers/IJNRD2404012.pdf |
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2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
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Published Paper ID:IJNRD2404012 Registration ID: 217126 Published In: Volume 9 Issue 4, April-2024 DOI (Digital Object Identifier): Page No: a82-a93 Country: -, -, India Research Area: Engineering Publisher : IJ Publication Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2404012 Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2404012 |
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ISSN: 2456-4184
Impact Factor: 8.76 and ISSN APPROVED
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