Coal Sales to Rebound With First Gains in Years in U.S., Europe
- Coal’s share in global power mix will continue to drop in 2021
- Global demand seen largely flat in the next five years
Despite the global shift toward economies based on renewable energy, coal looks set to keep its role as the world’s biggest power source.
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Global coal demand is poised to rebound next year as the economy recovers and the U.S. and Europe may see the first increase in consumption in several years, the International Energy Agency said.
Despite the global shift toward economies based on renewable energy, the dirtiest fossil fuel looks set to keep its role as the world’s biggest power source although its share will slip to 35% in 2021 from 36.5% last year.