The International Energy Agency (IEA) said on Friday that rising consumption in China, India and the US could bring the demand for global coal-fired power to a new high this year, despite efforts to cut greenhouse gas emissions.
According to the report, global power generation from coal is expected to grow by 9%, reaching 10,350 terawatt-hours. The growth will be driven by a rapid economic recovery that has “pushed up electricity demand much faster than low-carbon supplies can keep up.”
The IEA highlighted that overall coal demand, including for industries such as cement and steel, could rise by 6% this year. It will not exceed the record consumption levels of 2013 and 2014, but…