World coal consumption i expected to hit a record high in 2024 according to the report by International Energy Agency.
On Wednesday, the IEA released its Coal 2024 report, stating that global coal consumption is projected to reach an all-time high in 2024, surpassing 8.9 billion tons.
The report cites two main reasons for the rise in consumption. First, coal demand decreased during the Covid-19 pandemic but has since rebounded as industries and economies recovered. Second, the need for electricity around the world has been growing rapidly.
Power plants that run on coal are expected to produce more electricity than ever before—10,700 terawatt-hours. Most of this increase comes from countries like China and India, where electricity demand is especially high.
China, the world’s largest coal consumer, is forecasted to see its coal demand grow by 1% to a record-breaking 4.9 billion tons, while India’s consumption is set to rise by over 5%, reaching 1.3 billion tons, a milestone previously achieved only by China. In contrast, coal usage in the United States and the European Union continues to decline, but at a slower pace, falling by 5% and 12%, respectively, in 2024.
The Coal 2024 report points out the need for managing the global energy transition while addressing regional energy demands.
The death toll from a collapsed residential building in southern Pakistan has climbed to 21 as rescuers continue searching for survivors into the seco...
Kenya’s Beatrice Chebet broke the women’s 5000-metre world record on Saturday, becoming the first woman in history to run the distance in under 14...
Armenia’s Foreign Ministry has reaffirmed that the country’s territory cannot be used by any third party to carry out military operations against ...
Türkiye has extended condolences to the families of those killed in severe flooding in the U.S. state of Texas....
Israeli Prime Minister Benjamin Netanyahu has confirmed that a negotiating team will travel to Qatar for talks on a Gaza ceasefire proposal, despite r...
The death toll from a collapsed residential building in southern Pakistan has climbed to 21 as rescuers continue searching for survivors into the second day.
Kenya’s Beatrice Chebet broke the women’s 5000-metre world record on Saturday, becoming the first woman in history to run the distance in under 14 minutes.
The death toll from flash floods in Texas has risen to at least 37, including 14 children, officials said on Saturday.
Armenia’s Foreign Ministry has reaffirmed that the country’s territory cannot be used by any third party to carry out military operations against neighbouring states.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
Italy plans to grant approximately 500,000 work visas to non-EU nationals between 2026 and 2028, as announced in a cabinet statement. The initiative aims to address labor shortages by expanding legal immigration pathways
Following a deadly glacier collapse in Blatten, near the Swiss Alpine village of Kandersteg, the town is on high alert as melting permafrost and shifting rock threaten another potential disaster after it was buried a month ago.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Shanghai welcomed its first-ever Legoland resort, attracting visitors with a giant 26-meter Lego figure named Dada.
Northern Pakistan recorded some of its highest temperatures ever on Saturday, with Gilgit-Baltistan’s Chilas district reaching 48.5°C (119.3°F), breaking a 28-year-old record, according to the Meteorological Department.
Türkiye sent two firefighting aircraft to Syria on Saturday to help control wildfires as crews battled flames on both sides of the border.
A small propeller plane crashed in the Austrian Alps on Saturday, killing all four people on board, authorities said.
The death toll from a collapsed residential building in southern Pakistan has climbed to 21 as rescuers continue searching for survivors into the second day.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment