Barclays 2012 CEO Energy/Power Conference - Peabody Energy

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China Demand Expected to Grow~1.0 Billion Tonnes by 2016Tonnes in MillionsImports Expected to Double From 2011 to 2016● 240 GW of coal-fueledgeneration expected tocome on line by 2016– Much of buildout occurring incoastal areas– Represents >800 MTPY ofthermal coal use over time● China NDRC seeks cokingcoal production limits for“special and scarce”resource● China reducing domesticproduction; continuing toclose small inefficient mines5004504003503002502001501005003734China Gross Coal ImportsMet32008Thermal12535902009186471392010223451782011290552352012P400 - 450100-110300-3502016PSource: Peabody Global Analytics, China National Bureau of Statistics. 2008, 2009 imports exclude „other lignite‟ product, now reported in total import figures.Projections assume 7.5% China GDP growth, as outlined in 12 th Five-Year Plan.10
Tonnes in MillionsIndia Likely to be World’s FastestGrowing Coal Importer● 70 GW of new coal generationexpected to start over five years– Requires additional ~250 MTPYof thermal coal use over time● Thermal demand expected tooutpace production by>150 MTPY within five years– Coal India ordered to increasecoal imports to meet shortfalls● Blackouts highlight need forincreased coal imports andimproved power grid● Multiple new port projects underway to enable increased imports200150100500India Coal Imports7443MetThermal1006331 371188813010030 30200 - 220150-16050-602009 2010 2011 2012P 2016PSource: Peabody Global Analytics and other industry sources.11
Page 1: Barclays EnergyConferenceGregory H.
Page 5 and 6: Global CoalMarkets5
Page 8 and 9: Annual World Coal Demand Expected t
Page 12 and 13: Global Seaborne Supply: Australia a
Page 14 and 15: U.S. Markets: Rising Gas Prices and
Page 16 and 17: Significant Demand Shift TowardPRB
Page 18 and 19: Peabody’sGlobalPlatform
Page 20 and 21: Peabody Delivering Strong ResultsAm
Page 22 and 23: Peabody U.S. Platform: Continued Fo
Page 24 and 25: Peabody’s Australia Platform Expa
Page 26 and 27: Peabody Advancing Late-StageProject
Page 28 and 29: Acquisition IntegrationRemains on T
Page 30 and 31: Acquisition SignificantlyStrengthen
Page 32 and 33: Peabody Positioned for Success inAl
Page 34: Appendix:Reconciliation of Non-GAAP

Barclays 2012 CEO Energy/Power Conference - Peabody Energy

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