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Global coal consumption will increase

The International Energy Agency (IEA) announced that global coal consumption will reach a record level and exceed 8 billion tons.

Global coal consumption will increase

The International Energy Agency (IEA) stated that global coal consumption will reach a record level, exceeding 8 billion tons, and will remain at a similar level in the next few years without a low carbon economy.

Due to the Russia-Ukraine war, gas prices were kept high and gas supply was interrupted.

As a result, some countries will choose to use cheaper coal. In addition, heat waves and drought in some regions increased the demand for electricity.

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