Coal to continue to be leading power generator to developing countries, says CEO | Hellenic Shipping News
“Coal is here to stay”
That’s the message from the CEO of Minergy Limited, Andre Boje – a Botswana-based emerging coal mining company.
41% of the world’s electricity is currently fuelled by coal, with usage expected to remain at similar levels over the next 30 years, and with rising prices and a high demand for coal in southern Africa, Boje believes that it is vital that coal is not overlooked in the ever-increasing competitive energies market.
Boje said: “Coal is here to stay for the foreseeable future. There is high demand for coal in southern Africa, and it is likely to remain the most affordable fuel for power generation in many developing and industrialized countries for decades. click here to read more