Under development global coal power declined by 13%: Report
The global coal plant capacity under development declined in 2021, Global Energy Monitor’s eighth annual survey of the coal plant pipeline said on Tuesday.
The report finds that after rising in 2020 for the first time since 2015, the total coal power capacity under development declined 13 per cent in 2021, from 525 gigawatts (GW) to 457 GW, a record low.
Thirty-four countries have new coal plants under consideration, down from 41 countries in January 2021.
China, South Korea and Japan notably pledged to stop funding new coal plants in other countries, but China continued to lead all countries in domestic development of new coal plants, commissioning more coal capacity than the rest of the world combined.
