Coal news and updates

Coal demand can rise to an all-time high in 2022: IEA

A rebound in the global economy could propel coal demand to an all-time high in 2022, according to the International Energy Agency.

According to a report by the watchdog, coal-based electricity production has risen by 9 per cent this year as fossil fuel demand soared during the recovery from Covid lockdowns.

The pandemic caused coal power to decrease by 4 per cent in 2020, but the IEA data shows that demand for electricity this year outpaced the growth of low-carbon sources, so many wealthy countries remain dependent on fossil fuels.