The China Mail - Coal use hits record in 2023, Earth's hottest year

USD -
AED 3.673042
AFN 65.000368
ALL 81.264432
AMD 360.340403
ANG 1.789785
AOA 917.000367
ARS 1545.478604
AUD 1.456898
AWG 1.8
AZN 1.70397
BAM 1.75029
BBD 2.013844
BDT 124.537437
BGN 1.747831
BHD 0.37735
BIF 3010
BMD 1
BND 1.281347
BOB 11.99429
BRL 5.509404
BSD 0.999897
BTN 93.858629
BWP 13.774679
BYN 2.994523
BYR 19600
BZD 2.011053
CAD 1.412404
CDF 2320.000362
CHF 0.820325
CLF 0.02484
CLP 977.630396
CNY 6.676504
CNH 6.67316
COP 3251.42
CRC 453.465426
CUC 1
CUP 23.998962
CVE 99.403894
CZK 21.83804
DJF 177.720393
DKK 6.709604
DOP 60.750393
DZD 136.384359
EGP 53.819404
ERN 15
ETB 164.116992
EUR 0.89761
FJD 2.265604
FKP 0.741654
GBP 0.74895
GEL 2.60504
GGP 0.741654
GHS 11.68504
GIP 0.741654
GMD 74.503851
GNF 8857.503848
GTQ 7.64085
GYD 209.627114
HKD 7.839465
HNL 26.875436
HRK 6.76901
HTG 131.052321
HUF 326.120388
IDR 18112.25
ILS 3.18593
IMP 0.741654
INR 94.07415
IQD 1515.921743
IRR 1891353.000352
ISK 122.803814
JEP 0.741654
JMD 158.687685
JOD 0.70904
JPY 158.510385
KES 129.950385
KGS 87.447804
KHR 4080.00035
KMF 442.00035
KPW 899.999961
KRW 1363.703789
KWD 0.31098
KYD 0.833408
KZT 448.201333
LAK 22505.000349
LBP 89550.000349
LKR 332.502562
LRD 170.303772
LSL 16.560381
LTL 2.95274
LVL 0.60489
LYD 6.430381
MAD 9.757504
MDL 17.8737
MGA 4543.684976
MKD 55.266005
MMK 2099.952938
MNT 3601.972253
MOP 8.072028
MRU 40.250379
MUR 47.030378
MVR 15.403739
MWK 1737.000345
MXN 18.63815
MYR 4.059039
MZN 63.903729
NAD 16.560377
NGN 1347.250377
NIO 36.79922
NOK 9.468039
NPR 150.173627
NZD 1.804745
OMR 0.384501
PAB 0.999964
PEN 3.442504
PGK 4.556905
PHP 63.098504
PKR 276.535369
PLN 3.94255
PYG 6249.384815
QAR 3.654602
RON 4.792204
RSD 105.604038
RUB 81.998878
RWF 1475.916015
SAR 3.754695
SBD 8.051718
SCR 14.018084
SDG 601.503676
SEK 9.89954
SGD 1.283215
SHP 0.745545
SLE 22.910371
SLL 20969.504398
SOS 571.503662
SRD 37.583504
STD 20697.981008
STN 21.925605
SVC 8.748764
SYP 13001.999685
SZL 16.560369
THB 33.568038
TJS 9.224126
TMT 3.51
TND 2.985504
TOP 2.40776
TRY 50.154604
TTD 6.780829
TWD 32.807404
TZS 2642.503628
UAH 45.297
UGX 4089.81484
UYU 40.226773
UZS 11931.108854
VES 893.769038
VND 25582.5
VUV 119.513361
WST 2.778515
XAF 588.793837
XAG 0.019249
XAU 0.00024594347
XCD 2.70255
XCG 1.801976
XDR 0.707052
XOF 588.793837
XPF 106.728476
YER 236.175037
ZAR 16.55565
ZMK 9001.203584
ZMW 20.318702
ZWL 321.999592
SSP 5745.196153
MXV 2.096865
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Coal use hits record in 2023, Earth's hottest year
Coal use hits record in 2023, Earth's hottest year / Photo: © AFP

Coal use hits record in 2023, Earth's hottest year

Global consumption of coal reached an all-time high in 2023, the IEA energy watchdog said Friday, as Earth experienced its hottest recorded year.

Text size:

The International Energy Agency reported that nations would burn even more coal this year than in 2022, the previous record for consumption of the key source of planet-warming gases.

Scientists say greenhouse gases will need to be cut almost in half this decade to meet the world's targets of limiting global heating and avoiding catastrophic impacts on the Earth's climate.

The EU's Copernicus Climate Change Service said earlier in December that 2023 will be the hottest on record after November became the sixth record-breaking month in a row.

The IEA said, nevertheless, that after peaking this year, worldwide coal consumption was expected to start declining in 2024, as renewable power generation from solar and wind continues to expand.

Its latest forecasts were published two days after the conclusion of the United Nations climate negotiations (COP28) in Dubai -– where nearly 200 countries reached a deal that the world should be "transitioning away from fossil fuels" to limit global warming.

It was the first time in the 28-year history of the annual climate negotiations that all fossil fuels were mentioned in an accord.

The disruption in the Earth's climate has contributed to an increase in the intensity and frequency of storms, droughts and lethal wildfires around the world.

- Asia powering coal use -

The IEA said consumption of coal, the dirtiest fossil fuel, rose by 1.4 percent in 2023 to a record 8.5 billion tonnes, as increases in China, India and Indonesia outweighed sharply falling demand in Europe and the United States, the IEA said.

"We expect to see a trend emerging of declining worldwide coal demand, starting in 2024," the Paris-based energy watchdog said, as renewable power generation from solar and wind continues to expand.

The appetite for coal is strongest in Asia, it said. Consumption in China alone grew by 220 million tonnes or 4.9 percent in 2023, while in India it grew eight percent and in Indonesia by 11 percent.

Elsewhere, coal use fell 23 percent or by 107 million tonnes in Europe, while in the United States it dropped 95 million tonnes or by 21 percent, largely due to weakening industrial activity and an ongoing shift away from coal-fired generation towards renewables.

The IEA said it was difficult to forecast demand in Russia, currently the fourth-largest coal consumer, because of the ongoing conflict in Ukraine, and forecasts for Ukraine were equally uncertain.

While the IEA predicted a decline in coal in power stations, it said its use in heavy industries like cement production was expected to continue at high levels.

Paradoxically, the high demand for coal in Indonesia's mining sector stems from its booming industry in extracting and refining nickel for use in electric car batteries.

China remains the world's largest user of coal, responsible for half (54 percent) of all coal burned worldwide.

- Europe champions renewables -

More than 60 percent of coal burned in China is used to generate electricity and the country continues to build coal-fired power stations.

This year alone, the country has approved new projects totalling 52 gigawatts of new electricity-generating capacity.

The IEA nevertheless expects coal consumption in China to start declining, unless heatwaves and very cold spells lead to higher demand on its power plants.

Burning coal to generate electricity would decline in China to 2.8 billion tonnes, a drop of 175 million, over the period 2024-26.

In its place, the main demand for coal would come from India, at least as far as 2026, the IEA said.

In the European Union, an expansion of renewable energies, which generate very little greenhouse gas emissions, is curbing demand for coal.

In Germany, the use of ignite- and coal-powered power stations is expected to tail off significantly by 2025, the watchdog forecast, as solar and wind farms come on stream.

E.Lau--ThChM