Surge in Turkey's coal consumption..
In 2017, global coal consumption was spurred by India and Turkey, and by Russia and China to a lesser extent.
In China, responsible for nearly half of world coal demand, sustained economic growth, higher power consumption and relaxed coal production restrictions contributed to slightly increase coal consumption after three years of decline. Coal thus remains a pillar for the Chinese economy despite structural economic changes (shift away from energy intensive industries to a more services-oriented economy), strong efficiency gains in the manufacturing industry and in the power sector (shut-down of old and inefficient plants) and the government’s willingness to decarbonise the economy and limit air pollution.
Coal demand fell for the 4th year in a row in the United States – 28 GW of coal-fired capacity closed since 2015, no addition in 2017 – and for the 5th year in a row in the European Union (especially in Germany and the UK) due to the closure of many inefficient coal-fired power plants mainly due to stricter environmental regulations. Coal consumption also collapsed in Ukraine as nuclear and hydropower generation increased.
Based on its 2017 data for G20 countries, Enerdata analyses the trends in the world energy markets.Download the publication
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The 600 MW first turbine of the 3,600 MW Rogun (also spelled Roghun) hydropower dam on the Vakhsh River in southern Tajikistan has started operations. The US$3.9bn project is being built gradually by the Italian company Salini Impregilo and the remaining turbines will come online between 2019 and 2026. Once built, it will enable Tajikistan to end domestic power shortages and to export electricity to Afghanistan and Pakistan.
The Iraqi government has resumed oil exports from the Kirkuk oil fields one year after the city was seized by federal forces from the autonomous Kurdish administration over dispute about oil payments, revenues and pipeline fees. An agreement has been reached with the Kurdish Regional Government (KRG) to export 50,000 bbl/d to 100,000 bbl/d through a pipeline running through the Kurdish territory to Turkey. The revenue from the renewed exports will be collected by the federal government of Iraq.
US-based project company Cheniere Energy has started to produce LNG at the first 4.5 Mt/year train of its US$15bn Corpus Christi liquefaction and export terminal project in Texas (United States) and the facility is on its way to ship its first-ever cargo. The 170,000 m3 floating storage and regasification unit (FSRU) Golar Tundra has arrived at the facility and will depart with the first shipment shortly.
Emirati state-run oil and gas company Abu Dhabi National Oil Company (ADNOC) has unveiled plans to invest AED5.1bn (US$1.4bn) to upgrade the operations of the Bu Hasa onshore oil field (United Arab Emirates) from 550,000 bbl/d up to 650,000 bbl/d by the end of 2020 as per its 2030 smart growth strategy.