- Despite record high natural gas prices and a worldwide energy crisis, global coal-powered generation fell in the year’s first half, defying forecasts of high coal consumption in the electricity sector.
- As a result, emissions also dropped in the first half of 2022, despite a rise in overall power demand and Europe resorting to coal-fired power capacity amid surging natural gas prices and reduced imports of pipeline gas from Russia.
- Due to renewed COVID-related lockdowns in the spring of 2022 and the crisis in the real estate sector, Chinese coal-fired power generation dropped in the first half of 2022 by 1.2 percent compared to the same period of 2021, per S&P Global Commodity Insights.
Coal Power Generation Falls Despite Energy Crisis
