Britain’s success in phasing out coal to tackle climate change will be eclipsed by the expansion of coal-fired power in Asia over the next five years, according to the global energy watchdog. Coal will remain by far the biggest source of power supply worldwide in 2024, the year before Britain is due to close its last coal-fired power station. The global decline in coal-fired power this year was unlikely to be repeated in the next five years because of demand for cheap energy in Asia, the International Energy Agency (IEA) said.
Times 17th Dec 2019 read more »
Global demand for coal has fallen this year for the first time in two years as Europe and the US turn their backs on coal-fired power plants in favour of cheap gas and renewable energy. A report from the International Energy Agency (IEA) found that the world’s appetite for coal declined in 2019 after a two-year resurgence following the steepest ever drop in the use of coal-fired power plants. The world’s energy watchdog said it is too soon to say whether the global appetite for coal would continue to decline because the fate of the industry rests largely in the hands of China’s policymakers. Coal remains the world’s single largest source of electricity generation, half of which is produced in China and used to power Chinese power plants.
Guardian 17th Dec 2019 read more »