Monday, July 28, 2008

The WCI's Coal Hard Facts

Coal-related Facts courtesy of the World Coal Institute:


worldcoal.org/assets_cm/files/PDF/


* Global Coal Useage: Coal supplies 25% of the World's primary energy needs and generates 40% of the World's Electricity (per cited 2005 data)


* Global Coal Production: 2006's Estimated Global Coal Production was 5,370 Metric Tons...an 8.8 % increase over 2005's 4,934 MT


* Coal and STEEL: About 13% of Total hard Coal production is currently used by the STEEL industry (about 717 Mt)...About 70% of TOTAL Global Steel production is DEPENDENT on Coal (Coking Coal/Metallurgical Coal)...Australia is the World's Largest Exporter of Coking Coal + exported an estimated 121 MT in 2006


* Reserve Lives of Coal, Oil + Gas: At current production levels, proven coal reserves are estimated to last 147 years. In contrast, proven oil and gas reserves are equivalent to around 41 and 63 years at current production levels respectively


* Over 68% of the World's Crude Oil reserves are concentrated in the Middle East and Russia


* Over 67% of the World's Natural Gas reserves are concentrated in the Middle East and Russia


* Germany is the World's Largest 'Brown Coal' producer and produced an estimated 914 Mt in 2006 (a 1% increase over their 2005 production) ...Brown Coal (aka Lignite) is the lowest grade of coal and is used almost exclusively as a fuel for steam-electric power generation


Data Courtesy: World Coal Institute.