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.
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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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This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends. This report
provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This
report is a complete study of current trends in the market, industry
growth drivers, and restraints. It provides market projections for
the coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players
and new entrants along with detailed value chain analysis.
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