Peak Coal Demand Hits Record

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Business & Economics

Peak coal: are we witnessing coal’s last hurrah?

Summary

Nutrition label

82% Informative

Coal consumption in 2024 was a record breaker in terms of demand and production of the black slag.

China , where 55% of coal power production resides, continues to dominate the picture, as it has done for more than two decades .

Coal imports are being funnelled into the most populous country from Australia , Russia and the US .

Production and demand for coal is clustered in Asia , with India remaining the second -biggest user.

China , India , Bangladesh , Zimbabwe , Indonesia , Kazakhstan , Laos , Turkey , Russia , Pakistan and Vietnam account for 95% of global pre-construction capacity.