The Prague Post - Coal use hits record in 2023, Earth's hottest year

EUR -
AED 4.220028
AFN 79.287277
ALL 96.313052
AMD 439.583517
ANG 2.056848
AOA 1053.714489
ARS 1675.098452
AUD 1.770007
AWG 2.068359
AZN 1.955621
BAM 1.95618
BBD 2.31465
BDT 140.087245
BGN 1.956334
BHD 0.433205
BIF 3389.811032
BMD 1.149088
BND 1.50085
BOB 7.940266
BRL 6.196576
BSD 1.149224
BTN 101.880815
BWP 15.514017
BYN 3.916631
BYR 22522.134317
BZD 2.310977
CAD 1.622478
CDF 2578.554524
CHF 0.930406
CLF 0.027736
CLP 1088.060695
CNY 8.192713
CNH 8.192306
COP 4437.76824
CRC 576.612145
CUC 1.149088
CUP 30.450845
CVE 110.743405
CZK 24.355739
DJF 204.216337
DKK 7.465071
DOP 73.714415
DZD 150.324943
EGP 54.637548
ERN 17.236327
ETB 175.379622
FJD 2.624169
FKP 0.881
GBP 0.880466
GEL 3.125058
GGP 0.881
GHS 12.565295
GIP 0.881
GMD 84.461432
GNF 9986.727919
GTQ 8.807713
GYD 240.398051
HKD 8.934072
HNL 30.278692
HRK 7.536638
HTG 150.465039
HUF 387.351985
IDR 19209.542031
ILS 3.756456
IMP 0.881
INR 101.846703
IQD 1505.305916
IRR 48376.625353
ISK 146.405136
JEP 0.881
JMD 184.465877
JOD 0.814738
JPY 176.393151
KES 148.519783
KGS 100.488103
KHR 4625.080797
KMF 489.511494
KPW 1034.150342
KRW 1660.289213
KWD 0.353115
KYD 0.957686
KZT 602.107103
LAK 24866.274657
LBP 102900.874153
LKR 350.188108
LRD 210.800276
LSL 19.890647
LTL 3.392959
LVL 0.695072
LYD 6.268285
MAD 10.698228
MDL 19.617815
MGA 5153.661749
MKD 61.561349
MMK 2412.20692
MNT 4121.442389
MOP 9.200989
MRU 45.734888
MUR 52.893014
MVR 17.701695
MWK 1995.966597
MXN 21.430426
MYR 4.81698
MZN 73.484552
NAD 19.891033
NGN 1657.342392
NIO 42.228937
NOK 11.721329
NPR 163.009704
NZD 2.03164
OMR 0.44182
PAB 1.149138
PEN 3.88045
PGK 4.840009
PHP 67.556012
PKR 322.783426
PLN 4.256049
PYG 8144.584035
QAR 4.183716
RON 5.085842
RSD 117.225394
RUB 93.130382
RWF 1665.60376
SAR 4.309501
SBD 9.457679
SCR 15.462056
SDG 690.022388
SEK 10.993847
SGD 1.500744
SHP 0.862114
SLE 26.655878
SLL 24095.810457
SOS 656.704014
SRD 44.239332
STD 23783.811651
STN 24.705402
SVC 10.055956
SYP 12707.45805
SZL 19.890987
THB 37.397036
TJS 10.605755
TMT 4.033301
TND 3.370855
TOP 2.691285
TRY 48.389765
TTD 7.792516
TWD 35.518668
TZS 2829.629896
UAH 48.362806
UGX 4004.778887
USD 1.149088
UYU 45.7589
UZS 13777.571209
VES 257.030641
VND 30245.158028
VUV 140.118559
WST 3.22414
XAF 655.97897
XAG 0.023993
XAU 0.000289
XCD 3.105469
XCG 2.071203
XDR 0.814417
XOF 653.42927
XPF 119.331742
YER 274.115422
ZAR 20.069106
ZMK 10343.174693
ZMW 25.652859
ZWL 370.006024
  • RYCEF

    -0.3900

    14.95

    -2.61%

  • RIO

    0.7500

    68.64

    +1.09%

  • BCE

    0.1700

    22.46

    +0.76%

  • BCC

    0.6410

    71

    +0.9%

  • CMSD

    -0.0800

    23.82

    -0.34%

  • CMSC

    -0.0800

    23.59

    -0.34%

  • NGG

    0.0400

    75.17

    +0.05%

  • RELX

    0.1750

    44.475

    +0.39%

  • JRI

    0.0200

    13.7

    +0.15%

  • AZN

    -0.2200

    81.81

    -0.27%

  • GSK

    -0.0300

    46.79

    -0.06%

  • BP

    0.7500

    35.88

    +2.09%

  • SCS

    -0.0500

    15.83

    -0.32%

  • RBGPF

    0.0000

    76

    0%

  • BTI

    0.8600

    53.84

    +1.6%

  • VOD

    0.0600

    11.26

    +0.53%

Coal use hits record in 2023, Earth's hottest year
Coal use hits record in 2023, Earth's hottest year / Photo: INA FASSBENDER - 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.

J.Marek--TPP