Global coal power plant capacity under development declined in 2021, falling by 13 per cent compared to 2020, a survey from the Global Energy Monitor's (GEM) stated.

In its eighth annual survey, the GEM found that 34 countries have new coal plants under consideration, down from 41 countries in January 2021.

The report finds that after rising in 2020 for the first time since 2015, the total coal power capacity under development declined from 525 gigawatts (GW) to 457 GW, a record low, last year.&nbsp;

China, South Korea and Japan notably pledged to stop funding new coal plants in other countries.

However, China continued to lead all countries in the domestic development of new coal plants, commissioning more coal capacity than the rest of the world combined, followed by India, the report noted.

The authors of the report concluded that “coal’s last gasp is not yet in sight”, despite countries agreeing at the COP26 UN climate summit last November to a “phase down” instead of “phase out” coal.

Wach |&nbsp;Fresh Coal Crisis Looms in India, fuel stockpiles below target levels

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&nbsp;“The coal plant pipeline is shrinking, but there is simply no carbon budget left to be building new coal plants. We need to stop now. The latest IPCC report’s directive for a fighting chance at a livable climate is clear – stop building new coal plants and retire existing ones in the developed world by 2030, and the rest of the world soon after,” Flora Champenois of Global Energy Monitor, one of the report’s authors, said.

He said coal power might take longer to peak because a key aspect of China's carbon neutrality plan was to replace direct fossil fuel use in industry, transport, buildings and other sectors with electricity.\

The report comes on the back of this month's Intergovernmental Panel on Climate Change (IPCC) report which showed that there is no carbon budget left to accommodate new coal plants, and that coal use needs to fall by 75 per cent by 2030 (from 2019 levels) to limit global temperature rise below 1.5 degrees Celsius in line with the Paris Agreement.

(With inputs from agencies)

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Global coal power plant capacity under development declined in 2021, falling by 13 per cent compared to 2020, a survey from the Global Energy Monitor's (GEM) stated.

Global coal power plant capacity under development declined in 2021, falling by 13 per cent compared to 2020, a survey from the Global Energy Monitor's (GEM) stated. In its eighth annual survey, the GEM found that 34 countries have new coal plants under consideration, down from 41 countries in January 2021. The report finds that after rising in 2020 for the first time since 2015, the total coal power capacity under development declined from 525 gigawatts (GW) to 457 GW, a record low, last year. China, South Korea and Japan notably pledged to stop funding new coal plants in other countries. However, China continued to lead all countries in the domestic development of new coal plants, commissioning more coal capacity than the rest of the world combined, followed by India, the report noted. The authors of the report concluded that “coal’s last gasp is not yet in sight”, despite countries agreeing at the COP26 UN climate summit last November to a “phase down” instead of “phase out” coal. Wach | Fresh Coal Crisis Looms in India, fuel stockpiles below target levels “The coal plant pipeline is shrinking, but there is simply no carbon budget left to be building new coal plants. We need to stop now. The latest IPCC report’s directive for a fighting chance at a livable climate is clear – stop building new coal plants and retire existing ones in the developed world by 2030, and the rest of the world soon after,” Flora Champenois of Global Energy Monitor, one of the report’s authors, said. He said coal power might take longer to peak because a key aspect of China's carbon neutrality plan was to replace direct fossil fuel use in industry, transport, buildings and other sectors with electricity.\ The report comes on the back of this month's Intergovernmental Panel on Climate Change (IPCC) report which showed that there is no carbon budget left to accommodate new coal plants, and that coal use needs to fall by 75 per cent by 2030 (from 2019 levels) to limit global temperature rise below 1.5 degrees Celsius in line with the Paris Agreement. (With inputs from agencies) WATCH WION LIVE HERE

Global coal power plant capacity declined in 2021; China still leads, India at second: Report

China's coal production reportedly reached record levels last year as the country battled an energy crisis.

China's coal production last year climbed to 4.07bn tonnes which was over 4 per cent compared to the previous year. In December last year producers mined 384.67 million tonnes of coal which was higher than November.

According to the International Energy Agency (IEA), global CO2 emissions from the power sector reached a new high last year as coal became the biggest source of electricity generation.

<a href="https://www.wionews.com/world/despite-global-calls-for-cuts-china-starts-a-massive-coal-fired-power-plant-440853">Also Read:&nbsp;Despite global calls for cuts, China starts a massive coal-fired power plant</a>

The&nbsp;IEA report on electricity published recently said "coal-fired electricity generation reached an all-time peak growing by 9 per cent last year which was the fastest since 2011."

The exponential increase was due to demand and "coal's competitiveness in some markets compared to gas".&nbsp;

The report said China faced supply difficulties last year due to coal shortages.

"Coal served more than half of the additional demand in 2021, growing in absolute terms faster than renewable energy for the first time since 2013," the report noted.

<a href="https://www.wionews.com/world/coal-demand-can-rise-to-an-all-time-high-in-2022-iea-437562">Also Read |&nbsp;Coal demand can rise to an all-time high in 2022: IEA</a>

The IEA report informed that despite zero "emission pledges" and "phase out plans" for coal, coal-fired electricity generation is set to provide 34 per cent of global generation in 2024.

The report said China's northeast province of Liaoning issued a level two shortage alert on several consecutive 
days last year indicating power shortage equivalent to 10-20 per cent of total demand with similar shortages reported in southern Guangdong which is the country's second-largest province electricity consumer.

In October last year, Chinese authorities had increased coal production targets while noting that "despite diversifying generation mix, China's electricity system remains largely coal-dominated."

(With inputs from Agencies)&nbsp;

China's coal production reportedly reached record levels last year as the country battled an energy crisis. China's coal production last year climbed to 4.07bn tonnes which was over 4 per cent compared to the previous year.

China's coal production reportedly reached record levels last year as the country battled an energy crisis. China's coal production last year climbed to 4.07bn tonnes which was over 4 per cent compared to the previous year. In December last year producers mined 384.67 million tonnes of coal which was higher than November. According to the International Energy Agency (IEA), global CO2 emissions from the power sector reached a new high last year as coal became the biggest source of electricity generation. Also Read: Despite global calls for cuts, China starts a massive coal-fired power plant The IEA report on electricity published recently said "coal-fired electricity generation reached an all-time peak growing by 9 per cent last year which was the fastest since 2011." The exponential increase was due to demand and "coal's competitiveness in some markets compared to gas". The report said China faced supply difficulties last year due to coal shortages. "Coal served more than half of the additional demand in 2021, growing in absolute terms faster than renewable energy for the first time since 2013," the report noted. Also Read | Coal demand can rise to an all-time high in 2022: IEA The IEA report informed that despite zero "emission pledges" and "phase out plans" for coal, coal-fired electricity generation is set to provide 34 per cent of global generation in 2024. The report said China's northeast province of Liaoning issued a level two shortage alert on several consecutive days last year indicating power shortage equivalent to 10-20 per cent of total demand with similar shortages reported in southern Guangdong which is the country's second-largest province electricity consumer. In October last year, Chinese authorities had increased coal production targets while noting that "despite diversifying generation mix, China's electricity system remains largely coal-dominated." (With inputs from Agencies)

Amid energy crisis, China's coal production reached record levels last year

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Global coal power plant capacity declined in 2021; China still leads, India at second: Report

Amid energy crisis, China's coal production reached record levels last year