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Coal demands report
December 28 , 2024
12 hrs 0 min
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- The report forecasts global coal demand, supply, and trade trends until 2027.
- The International Energy Agency (IEA) has reported the global coal consumption reached an all-time high of 8.7 billion metric tons in 2024.
- Currently, coal accounts for around 60% of China’s electricity generation.
- The demands rising in emerging economies like India, China, and Indonesia.
- Global coal production is expected to hit a record high in 2024 and then stabilize through 2027.
- India is the largest contributor to global coal production growth, with production exceeding 1 billion tonnes for the first time in 2023.
- Indian coal production has grown by 10% in 2023 and is expected to rise by 8% in 2024.
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