Lignite Mining Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2014 – 2020
The global market
for lignite mining is influenced by the increased need for energy and
the rising prices of various energy production resources. Also, with
the development taking place in the economies such as India and
China, the demand for energy will rise, thereby, increasing the price
of energy and its resources. This rise in price tends to shift the
interest of industries towards other resources of energy. Recently,
countries such as Germany has stopped its nuclear power generation
business and switched to other electricity generating resources. AWE
AG, a German electric utility company has ramped up coal use to
generate electricity from lignite and, according to Bloomberg
Businessweek; presently the firm generates about 52% of power in
Germany. Henceforth, the global market for lignite mining is expected
to grow with the rising energy prices and nuclear hazard concerns.
Lignite coal is
mostly used as a fuel, in steam to electric power generation units.
The presence of high content of volatile matter makes it easier to
convert coal into gases and liquid petroleum products. Moreover,
lignite is more accessible than other coals as the location of
lignite veins are relatively nearer to the surface. This eliminates
the need of underground mining and the risk of carbon monoxide or
methane buildup, which is a primary safety concern in underground
mining. Due to low energy density and high moisture content, lignite
is often burned in power plants, near to the mines. Lignite is a
major source of electricity in many countries and also reduces the
import liabilities of countries with large production capability.
Renewable sources of energy are being promoted by government, but the
proportion of coal in world’s energy basket is difficult to replace
by renewable resources in near future, due to their high initial
investment or lack of technologies with many countries. However,
lignite mining also involves risks such as collapse of sloped earthen
walls after heavy rains. The occurrence of such incident is rare due
to the development of constant monitoring system, which helps to
forecast the weather effect on mining conditions. The most common
accidents in lignite mining industry are related to the maintenance
and operations of heavy equipment used in the industry.
Coal to liquid (CTL)
technologies provides a huge scope for lignite mining market. Coal to
liquid (CTL) technology is used in many countries, including, South
Africa with some under way projects in China, Philippines and India.
Lignite mining
market can be segmented on the basis of end use as: electricity
generation, fertilizer based production and synthetic natural gas
generation. Electricity generation consumes more than half of the
world’s lignite coal production.
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Geographically,
Lignite mining market can be segmented as: North America, APAC,
Europe and Rest of the world (RoW). Among these, Europe has the
largest lignite coal reserves in the world. In 2011, 1041 Metric Tons
of lignite/brown coal was produced with majority of the share from
Germany, followed by China and Russia. Some of the world’s main
lignite mines and deposits are found in eastern, central and southern
Europe –Serbia, Germany, Poland, Bulgaria, Greece, Hungary,
Romania, the Czech Republic, Bosnia, Italy, Turkey and Russia. In
North America, primarily the mid-western and southern states,
including Montana, Texas, Louisiana, North Dakota and Mississippi,
have lignite deposits. In Asia; China, India, Indonesia, Thailand and
Pakistan are major producers.
Some of the major
players in Lignite mining market include SRK Consulting, ZEMAG
Maschinenbau GmbH, Joy Global Surface Mining, Neyveli Lignite
Corporation Limited, Environmental Clean Technologies Limited and RWE
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