3rd January 2022
EP Report

Rising consumption in China, India and the United States could bring global coal-fired power demand to a new all-time high this year, undermining efforts to cut greenhouse gas emissions, the International Energy Agency, or IEA said recently.

 

The IEA said global power generation from coal was expected to reach 10,350 terawatt-hours in 2021, up 9%, driven by a rapid economic recovery that has "pushed up electricity demand much faster than low-carbon supplies can keep up."

 

Overall coal demand, including for industries such as cement and steel, is expected to grow 6% this year.

 

Though it will not exceed the record consumption levels of 2013 and 2014, it could hit a new all-time high next year, the IEA report said.

 

IEA Executive Director Fatih Birol said the increase was "a worrying sign of how far off track the world is in its efforts to put emissions into decline towards net zero."

 

China is responsible for more than half of global coal-fired power generation and is expected to see a 9% year-on-year increase in 2021, the IEA said. Generation in India is forecast to grow 12% this year.


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