South Africa: Strong Foundations for a Just Transition
South Africa's economy and energy supply have long depended on mining domestic coal. It fueled 88% of South Africa's electricity generation in 2019 and 73% of its energy supply in 2018, and those levels have held relatively steady for several years. Coal is also a major export: 25-30% of South Africa's mined coal is exported at prices ...
In South Africa, Renewables Vie With the Political …
Greenpeace Africa's climate and energy campaigner, Melita Steele, sees Coal 3 as a last-gasp attempt by the coal industry to entrench itself in the region's future. "In the coming months and years the …
Opportunities and Challenges for South Africa's Coal Industry
In February, I had the opportunity to attend an insightful webinar hosted by IHS on the Opportunities and Challenges for South Africa's Coal Industry in 2022.Part one of two sessions started with an appraisal of current international steam coal trends by James Peterson (IHS Coal, Metals & Mining) and Rajendra Singh (Komin India Resources Pvt …
About us
The acquisition of the SAEC assets will help ensure the future of coal mining and generation of sustainable, reliable, and transformational energy for South Africa, the South African Development Community (SADC), Sub-Saharan Africa and global coal export markets. ... and the mining industry as a whole. To support this philosophy, 10% of our ...
The Future of Global Coal Production (2021-2024F)
Part of the additional production is driven by a need to reduce the country's dependence on coal imports, which are expected to drop by 51 million tonnes or 16% from 2021–2024. By 2024, China's coal consumption is forecasted to rise by 3.3% and India's by 12.2%, which would make the two countries responsible for two-thirds of the world ...
Future ownership trends in the South African coal mine sector
Future ownership trends in the South African coal mine sector. 29 Jun 2021, 1:19 pm. Follow Natural Resources. The departure of several major coal mining giants has resulted in a shift in the historic ownership trends of South Africa's coal mining operators, and is presenting opportunities for smaller operators to break into the market.
The Future of South African Coal: Market, Investment, …
This paper explores the interplay between South Africa's domestic and export thermal coal markets and what might shape their development in …
Declining coal prices reflect a reshaping of global energy trade
Global coal consumption levels reached an all-time high in 2022, led by India and China. On the supply side, increased exports by countries such as South Africa and Colombia—whose combined share in total European imports has been 35% since August 2022—have partially offset the reduction of Russian exports to Europe. Prices are …
SOUTH AFRICA'S COAL INDUSTRY OVERVIEW, 2014
According to the South African coal resource and reserves study, South Africa's coal reserves amounted to 66.7 Bt and was ranked 5th in the world in 2012. South Africa's coal production has been increasing at less than one percent since 2003, which is well below the global average of 4 percent (Fig.5).
The Future of South African Coal: Market, Investment, and Policy
The Future of South African Coal: Market, Investment, and Policy Challenges. Anton Eberhard. January 1, 2011. Download pdf. As the world's fifth largest coal exporter and a key swing supplier between the Atlantic and Pacific coal markets, South Africa is a crucial player in global markets. While the country has long been Europe's major supplier ...
South Africa Coal Mining Industry Report 2023: Production, Price …
The Coal Mining Industry in South Africa. Although South African coal production volumes have been decreasing over the past decade, sales have increased, …
Coal transitions in South Africa
Even with limited implementation of climate change policy, coal is no longer South Africa's future. Compatibility with 2oC will require large scale and rapid switching away …
Coal-mining communities left in the dust for a greener future
The coal-mining regions in Mpumalanga are at the front line of South Africa's Just Energy Transition (JET) process, which aims to repurpose coal power plants and coal-mining lands, to build ...
IEEFA Update: South African coal miners must get …
A week before Mineral Resources and Energy Minister Gwede Mantashe talked up the future of South African coal, Richards Bay Coal Terminal (RBCT) revealed its coal export volumes in 2021 were …
What the past decade can tell us about the future of coal
Between 2009 and 2019, global coal consumption grew by an average of about 1% per year to reach 7.6 billion tonnes, but its share of the world's primary energy supply declined from 28% to 26% over the same period. And its share of electricity generation fell from 40% to 36.5%. From today's perspective – as efforts increase around …
COP27: Why South Africa will struggle to wean itself off coal
South Africa's large coal sector provides about 80% of the country's energy needs. South Africa is hugely reliant on coal for its energy but one of the country's biggest problems is frequent power ...
Coal 2021: What is the future of Coal? (PDF Report)
Creamer Media's 'Coal 2021: What is the future of coal?' report reviews developments in South Africa's coal sector and its prospects in the energy transition era, focusing on the business environment at home and abroad; it's main participants and some of the smaller producers in the sector; as well as environmental considerations that have …
Coal
Coal futures held steady at around $131 per tonne in January as investors assessed demand and supply factors. Japan and South Korea, the main consumers of high-grade coal in the Newcastle index out of Australia, increased their purchasing activity toward the end of the year as utilities piled on thermal coal instead of liquified natural gas to …
Vuslat Bayoglu highlights the future of coal in South Africa
Coal markets came under immense pressure in 2020, largely owing to local and international lockdowns as result of COVID-19. Since the easing of lockdowns and …
The regional implications of just transition in the world's most coal
1. Introduction. South Africa has the dubious distinction of being the most coal-dependent country in the G20–the international group representing 20 major economies–because it relies on coal for the generation of 89% of its electricity, placing it well ahead of India (74%) and China (68%) and significantly ahead of the 41% average dependence for the whole …
The world's coal consumption is set to reach a new high in 2022 …
The international coal market remained tight in 2022, with coal demand for power generation set to hit a new record. Coal prices rose to unprecedented levels in March and then again in June, pushed higher by the strains caused by the global energy crisis, especially the spikes in natural gas prices, as well as adverse weather conditions in ...
South African Coal
The Future of South African Coal: Market, Investment and Policy Challenges Anton Eberhard 1. Introduction ... Russia and Colombia are larger exporters. Yet, South Africa's coal industry is noteworthy in a number of respects: it is a relatively low cost producer (along with Indonesia and Colombia), has the world's largest coal export ...
Coal
Global coal consumption reached an all-time high in 2022 and the world is heading towards a new record in 2023. Global coal demand reached a record high in 2022 amid the global energy crisis, rising by 4% year-on-year to 8.42 billion tonnes (Bt). In 2023 we expect coal demand to fall in almost all advanced economies.
Opportunities and Challenges for South Africa's Coal Industry
Randy Fabi (IHS Coal, Metals & Mining) discussed the phase down of coal power which will be partly aided by $8.5bn of funds promised by developed nations at the 2021 Glasgow …
South Africa Coal Mining Industry Report 2023: Inadequate
Low economic growth in South Africa, growing international opposition to coal mining and coal-fired power generation, Transnet's underperformance on the coal export line that limits export ...
The Carbon Brief Profile: South Africa
South Africa's reliance on coal means around 80% its emissions come from energy supply, according to the NPC. As of July 2018, South Africa has 42GW of operating coal plants, the seventh largest fleet in the world, according to the Global Coal Plant Tracker. It also has 6GW of new coal-fired plants under construction and a further 3GW …
Coal usage: Opportunities and challenges in 2022 and beyond
In this exclusive ESI Africa article with Future Market Insights, we consider the opportunities and challenges that face South Africa with regard to its coal dependence as it faces a just energy transition. Today, nearly 92% of electricity in South Africa is generated using coal and 19% of it is generated using liquid fuels.
South Africa: Coal usage: Opportunities and challenges in 2022 …
The sector has created jobs and has been woven into politically powerful trade unions. The Minerals Council South Africa reports that almost coal mining makes up almost 20% of the country's entire mining sector. Various global-level analyses show that coal districts in South Africa have highly distorted local labour markets.
(PDF) Evaluating Impacts of Coal Mining in South African
This study, therefore, evaluates the impacts of coal mining in South Africa relative to achieving society 4.0 in the country. Mpumalanga province was used as a case study as mining activities are ...
Can South Africa Transition to Clean Energy?
Leaders of wealthy countries on Monday endorsed South Africa's plan to invest the $8.5 billion — mostly in renewable energy projects. Several mines around Phola supply coal for plants owned by ...