The International Energy Agency estimated the global demand for coal in 2023 at a historically high level of 8.5 billion tons. But the agency noted that in the coming years, the demand for coal will begin to decrease due to "significant expansion of the capacity of renewable energy sources."
As reported by the International Energy Agency, the global demand for coal in 2023 will reach a record level of 8.5 billion tons. But experts predict that demand will begin to decline in the coming years.
The report of experts indicates that the growth in demand for coal on a global scale will be almost 1.5%. Most fossil fuels are used in Asia. China increased consumption by almost 5% and India by 8% compared to 2022.
However, experts indicate that in some countries the use of coal has decreased by approximately 20%, as a significant share of global CO2 emissions is associated with the production of electricity and heat by burning coal.
Experts predict that global demand for coal, oil and gas will peak in the coming years, after which it will begin to decline due to "significant expansion of the capacities of renewable energy sources."
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