The demand for the world’s coal requires a record of power requests

The world will not be released to the coal soon.

“Nothing can destroy coal”, Donald Trump President of the US said in the last world economic forum. “It’s not the weather, not a bomb.”

USA Coal Exports They are constantly increasing to satisfy the global fossil fossil fuels in the world, even if they diminish domestic consumption.

In addition, the world coal capacity in 2024 almost achieved a new record of 2,175 Gigawatt, The data on Global Energy Monitor showed February 6th. Coal capacity is a general energy departure that can be created from coal burning centers.

“It is a great challenge on the change of coal, even increasing Asian demand, even Europe and the US see important declines of coal consumption,” Dorothy Mei, the Global Follower of the Energy Monitor’s Global Follower Projects.

Global Coal Request 2024 8.77 Billion Tons is also expected to break, and will be in the similar level until 2027 International Energy Agency planned.

China recently reported Coal imports rose by 14.4% to the record of 2024542.7 million tons were metric compared to 474.42 million tonnes in the previous year.

The second economy of the world is globally coal consumer, accounting for more than 56% of global demand in 2023, The last figures of the IE showed.

China’s high record coal stockpiling strategy is largely focused on preparation of the country, to achieve shortages caused by extreme weather events, Mei said.

Hydroduction, wind and solar energy It consists of almost 30% of Chinese electricity mix In 2023, Energy Think Tank shows Ember Energia. As a result of having less rainy output to the hydrore, the Chinese government is often based on coal capacity to ensure energy safety, add mei.

“Moreover, another important obstacle is not the availability of solar and wind turbine throughout the territories,” said the coal “critical energy” will be fully developed throughout the grid integration throughout the country.

Indian, extreme warmth, has led to increasing energy demand, and clean energy sources are not fast enough to grow the energy demand of the country, said Mei.

The consumption of cement and steel consumption also has encouraged the development of Indian economics and infrastructure, industries with great confidence in coal, according to CNBC analysts.

The steel of the South Asian nation has increased by 8-9% in 2025, including other economies in the infrastructure and residential sectors in the construction of intensive steel construction. Consulting Firm Cisil data appeared.

Last time in the last December, India extended his directive Imported coal-based centers to run full capacity until February 28.

But that should not be said that India has ignored his renewable energy goals. The country has established an ambitious goal Compliance with 50% of the needs of electricity Through renewable energy 2030. until the year. And has progressed. And since last October, Renewable Energy Account more than 46.3% With the generation of the country’s electricity, the Ministry of New and Renewable Energy in India.

Vietnam is expected to pass Taiwan, like the world The fifth largest coalOnce coal imports in the country Record more than a decade Last year.

Indonesia To produce coal About 831 million tons rose a fresh high tall last year, showing the Ministry of the country’s energy and mineral resource.

The Philippine electricity coal fee in China over 2023 in China, the most common countries in Southeast Asia, reported by Ember Energy.

“When using energy efficiently, coal is so cheap,” Dave Jones said, an energy analyst by Energy Think Energy Energy.

Asian coal request is a strong extent, as a result of gas prices, Russia became invasion of Ukrainian, such as China, India and Vietnam scaled plans to build gas based potency. Following high price of gas, he said Ian Roper, recommendation strategist Astris consulting in Japan KK.

The global electricity consumption is expected to rise in 2025, IE said.

“The world needs more energy and now it needs,” Rob Thummel said, the General Manager of the Turtle capital. “To grow the global economy, it requires effective, profitable and reliable energy supply sources,” CNBC said.

Artificial intelligence also needed the energy of the world. The reports have shown that a power promoted by the Data Center around the world will also extend the demand for coal.

“The USA, China and the world are in a race for AI,” said Tim Win Winter, Portfolio Manager Gabelli funds. AI data centers are high-power users, and it is more difficult to withdraw the reliable and cheaper source of energy such as coal, which is.

2030. The electricity demand for data centers can have more than 35 GW, more than 17 GW registered in 2022, Reported to Moody’s rating.

Governments agreed 2015 Paris Climate Agreement Global heating is below 2 degrees Celsius and to achieve a temperature increase in 1.5 degrees Celsius. To prevent global warming 1.5 degrees Celsius, this is calculated Emissions should be reduced by 45% to 2030 and reach Zero network to 2050.

Others are more pessimistic, even in time they recognized the challenge of achieving these goals.

Continuous commitment against renewables, along with a looming GNL Global Supply Up Coal imports can ensure that coal imports remain weakened in import markets, said the Cover, which he decided to fall in Europe and Asia in recent years.

Moreover, countries are committed to 2030. If the coal can begin to see a significant decrease in coal, Jones of Ember Energy said.