Coal 2022: analysis and forecast to 2025
Coal 2022: analysis and forecast to 2025
Global coal use is set to rise by 1.2% in 2022, surpassing 8 billion tonnes in a single year for the first time and eclipsing the previous record set in 2013, according to this report by the International Energy Agency (IEA).
Coal sits in the centre of climate and energy discussions because it is the largest energy source globally for electricity generation and for the production of iron and steel and of cement, as well as the largest single source of carbon dioxide (CO2) emissions. The current energy crisis has forced some countries to increase their reliance on coal in spite of climate and energy targets. Coal 2022 offers a thorough analysis of recent trends in coal demand, supply, trade, costs and prices against a backdrop of rising concern about energy security and geopolitical tensions. It also provides forecasts to 2025 for demand, supply and trade – by region and by coal grade. The report contains a deep analysis of China, whose influence on the coal market is unparalleled by any other country and in any other fuel.