A Tale of Three Coal Markets
Author: Jane Nakano
Publisher:
Published: 2018
Total Pages: 25
ISBN-13:
DOWNLOAD EBOOKA host of factors such as coal quality and location, midstream availability, technology choice, and the structure of coal and power sectors interact with one another and shape the contour of public debate as it relates to the role of coal-fired power generation in each of the key markets. In the case of the United States, many factors have synergetic effects, bringing about a structural change to coal-fired power generation. In China, these factors are often at odds and signal that the future of its coal-power fleet may take a uniquely Chinese path. Meanwhile, it is much too early to ascertain how such key factors may interact and shape the future trajectory for coal-fired power generation in India, but the Indian experience may promise many lessons for economies that are in the early stage of striving to balance economic development and environmental goals. Moreover, power-sector policy and technology developments in the three key markets can, and do, influence each other, whether through a technology breakthrough, cost reduction, or a trade tension resulting in a punitive measure, affecting the competitiveness of coal-fired power generation directly or indirectly. Political agenda, policy initiatives, business incentives, and public awareness surrounding the role of coal in each of the key markets illuminate the dynamic nature of power-sector transition around the world today and call for continued observations and analyses.