Coal and the Future of Energy Forum 2023: Things we learned

Table of contents

• Global decarbonisation will be a bumpy ride
  • The long-term downward trend in thermal coal demand will likely face reversals in times of energy shortages
  • Recent extreme pricing could impact buyer behaviour
  • Building renewable and storage capacity quickly enough to meet stated targets will be a significant challenge...
  • ..but don’t underestimate the magnitude of investment interest in renewables
• Australian regulatory changes won’t kill off coal investment but sentiment is going from bad to worse.
  • New Regulation will undoubtedly affect the value proposition for coal investments
  • But investment in coal is not dead yet
  • Poor coal supply performance looking more like a structural problem
• Metallurgical coal demand looks positive but structural changes afoot
  • China and India fighting for supremacy
  • Frequent supply shortages longer term is a scenario worth taking seriously
  • Replacement of coke in steelmaking will be a long process
• Hydrogen has fundamental issues to overcome
  • Hydrogen investments have been impressive but we are a long way from a global trade.
  • An opportunity for Australia?
• Emissions reduction at sites is maturing rapidly
  • A solution for coal seam methane emissions is critical
  • The nature of mine sites could change substantially

Tables and charts

This report includes 6 images and tables including:

• Asia Pac Power Generation Outlook 2022-2050 (Twh)
• Cost impact of safeguard mechanism
• Australian mine utilisation trend

What's included

This report contains:

• Coal and the Future of Energy Forum 2023: Things we learned

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