The energy crisis and the war in Ukraine have driven global coal consumption to an all-time high. According to the current annual report from the International Energy Agency IEA, fossil fuel consumption will exceed eight billion tons for the first time in 2022 – 1.2 percent more than last year. Coal will remain important despite efforts to combat climate change, according to IEA forecasts.
“The world is approaching a peak in fossil fuel use,” the IEA quoted Keisuke Sadamori, director of energy markets and security at the agency. Coal consumption should be the first to fall, but they are not ready for that yet. However, there are many indications that the current crisis is accelerating the use of, for example, renewable energy sources and heat pumps. This will moderate the demand for coal in the coming years.
Incidentally, coal consumption has made the biggest jumps in India with seven percent, in the European Union with about six percent and in China with 0.4 percent. Particularly in the EU, some states are trying to achieve their independence from Russian gas, including more energy from burning coal. However, in 2025, according to the IEA forecast, these values should be below those of 2022.
Source: Krone
I am Wallace Jones, an experienced journalist. I specialize in writing for the world section of Today Times Live. With over a decade of experience, I have developed an eye for detail when it comes to reporting on local and global stories. My passion lies in uncovering the truth through my investigative skills and creating thought-provoking content that resonates with readers worldwide.
