Non-OECD nations ‘must double power investment’

Non-OECD countries will have to double their investments in the electricity sector by 2040. That’s necessary to keep pace with demand, according to the World Economic Forum (WEF). Its ‘Future of Electricity 2016’ report offers suggestions to improve investment in the power sector. It recommends policymakers of those countries to develop long term roadmaps to ensure […]

Coal demand forecast to slow in next five years

Demand for coal is expected to slow down globally as China, the world’s largest consumer, aims to use more clean energy sources. The International Energy Agency today said annual demand for coal will grow at 2.3% a year to 6.35 billion metric tonnes in the five years to 2018. That’s down from the 2.6% previously […]