IEA expects reduction in coal exports from Russia until 2025
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What will happen to global demand for coal
In 2022, the demand for coal in the world for the first time in history will reach 8.025 billion tons, which is 1.2% higher than last year. This will mainly be due to increased demand for coal from power plants both in India and China due to hot weather, and in Europe, the IEA notes. In Europe, this year began to load more coal-fired thermal power plants against the backdrop of high gas prices and repair work at nuclear power plants in France. But over the next three years, the agency expects coal demand to remain about the same, with 90% of the additional electricity demand coming from renewable sources.
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