Subscribe  Log in | Register | Advertise | Digital Issue   |   Search
  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
Search
Related Articles
Coal use increases, but investment lags
High levels of demand are not translating into greenfield investments due to climate policies
Countries must stop coal approvals to reach net zero – IEA
Transition is complicated in countries with high coal dependency because of remaining lifetimes of plants and expense of gas
China ETS requires power market reform
Policymakers’ ongoing preference for regulated power tariffs over market-based pricing is one of key problems China needs to address
Energy sector carbon emissions to peak in 2025 – IEA
New policies in the EU, the US and China will cause emissions to peak this decade, the first time this has been forecast in an IEA Steps scenario
Global carbon emissions set to rise in 2022 – IEA
World on course for 33.8bn t of CO₂ emissions this year, but major deployments of renewables and EVs have slowed rate of increase
CCUS gains traction in China after slow start
Country’s largest energy and industrial companies take the lead in early development ahead of wider deployment of technology
Governments not collaborating enough on transition – IEA
Coordinated action urgently needed on deployment of clean technologies to avoid decades-long delay in reaching net zero, agency warns
EU puts forward measures to reduce power demand
Proposals also include a temporary revenue cap on operators of renewable, nuclear and lignite power generation
Australia advances coal mine expansion
State government approves doubling of Mount Pleasant mine as it refuses moratorium on new fossil fuel production
EU ETS prices rise on high coal burn, low auctions
Prices in the EU’s emissions trading scheme hit an all-time high last week after an August rally on reduced volumes and an increase in coal burn
Coal demand is rising
Coal IEA
Tom Young
11 January 2022
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Coal burn jumps sharply in 2021 – IEA

Economic recovery and surging natural gas prices have boosted demand for coal for power generation

Global power generation from coal is expected to have jumped by 9pc in 2021 to an all-time high of 10,350TWh, according to the IEA’s Coal 2021 report. The sharp rise is the result of rising demand from recovering economies, which are seeing growing electricity demand, and higher natural gas prices due to supply shortages, which have made coal-fired power generation cost-competitive. Recovering economic growth is also having an impact outside power generation. Global coal demand—including uses beyond power generation, such as for cement and steel production—is forecast to have grown by 6pc in 2021. “Coal is the single-largest source of global carbon emissions, and [2021’s] historically high l

Welcome to the PE Media Network

PE Media Network publishes Petroleum Economist, Hydrogen Economist and Carbon Economist to form the only genuinely comprehensive intelligence service covering the global energy industry

 

Already registered?
Click here to log in
Subscribe now
to get full access
Register now
for a free trial
Any questions?
Contact us

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Traders expect more carbon border taxes
27 March 2023
EU’s Cbam model likely to be replicated as national emission reduction schemes move at different speeds, global trading companies say
GE and Svante collaborate on solid sorbent carbon capture
24 March 2023
Companies agree to develop applications of Svante’s novel technology for gas-fired power plants
Industrial emitters demand action to kickstart German CCS
23 March 2023
Companies urge government to prioritise rapid scale-up of technology and infrastructure in forthcoming national carbon management strategy
Shell sees DAC potential for synthetic fuels production
22 March 2023
Direct air capture could be significant provider of CO₂ feedstock, oil major says in climate-focused future energy scenario

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
  • Twitter
Tweets by Carbon Economist
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2023 The Petroleum Economist Ltd
Cookie Settings
;

Search