CORE STRATEGIC OBJECTIVES
The global energy landscape has been rapidly evolving, with fundamental changes in investment culture amid growing climate concerns. Coal demand in India is forecast to reach 748 million tonnes by 2024, making it the world’s fastest-growing coal consumer, according to the International Energy Agency.
India’s economic growth will be fuelled by coal. Reflecting this, in 2012, 45% of total primary energy demand was met by coal. India currently has approximately 231 Gigawatts (GW) of coal-fired electricity generation capacity, this will soon be augmented by 113 GW of new coal-fired capacity currently under construction. At present CoalNet is adding value to the process by its following Core Strategic Objectives:-
- Influencing and Engaging – Strengthen our influence by engaging thought leaders and policymakers in rational, data-driven debate to position the coal industry as responsible and progressive.;
- Powering Economies – Demonstrate that coal plays an indispensable role in addressing energy poverty, supporting urbanisation and delivering economically competitive energy to support modern economies in developing and developed countries;
- Meeting Environmental Challenges – Demonstrate that global climate ambitions can only be achieved with significant international support for cleaner coal technologies;
- Building sustainable Societies – Demonstrate that coal production and its usage, contribute to the development of prosperous and sustainable societies.
