Fewer coal power plants closed in 2022 than in recent years
While the rate of new coal power plants opening did not increase, 2022 saw fewer coal power plants close than in any year since 2015. Image: Unsplash/jplenio
- A new report finds that electricity generation from coal power plants has risen.
- It found that plant closure rates in 2022 were the slowest for 8 years, as this chart shows.
- This is because countries have been holding onto backup capacity, analysts say.
- Electricity data was analyzed from 78 countries, representing 93% of global electricity demand.
Data from Ember’s fourth annual Global Electricity Review reveals that electricity generation from coal increased by 1.1 percent last year, which is in line with the average rate of growth in the last decade. Ember found that while the rate of new coal power plants opening did not increase, 2022 saw fewer coal power plants close than in any year since 2015. Analysts say this was due to countries seeking to hold onto backup capacity.
Electricity data was analyzed from 78 countries, representing 93 percent of global electricity demand and includes estimated changes for the missing data.
Don't miss any update on this topic
Create a free account and access your personalized content collection with our latest publications and analyses.
License and Republishing
World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.
The views expressed in this article are those of the author alone and not the World Economic Forum.
Stay up to date:
Climate Crisis
Related topics:
The Agenda Weekly
A weekly update of the most important issues driving the global agenda
You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.
More on Climate ActionSee all
Matthew Cox and Luka Lightfoot
November 22, 2024