‘No immediate decline in sight’ for global coal-fired power demand, says IEA
There is “no immediate decline in sight” for coal-fired power demand, concludes a new report from the International Energy Agency (IEA).
The IEA’s Coal 2020 report finds that the Covid-19 pandemic has prompted coal use to decline to an extent not seen since the Second World War.
However, the report forecasts that global coal demand will begin to rise again in 2021 as the world emerges from the pandemic.
“We expect some recovery in 2021 – about a 2.6 per cent increase when compared with this year,” Carlos Fernández Alvarez, senior energy analyst at the IEA, told The Independent. “So we will still be at lower consumption levels than 2019 in 2021.”
Coal is the most polluting of the fossil fuels and its use for power generation alone currently accounts for about 30 per cent of global CO2 emissions.
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