Global Coal Use at Power Plants to Peak in 2023, Rystad Says

  • Dirtiest fossil fuel is being displaced by renewables
  • Shift ‘signals the beginning of the renewable energy era’
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Global power-production from coal will peak this year as surging deployment of renewables displaces the dirtiest fossil fuel, according to research from Rystad Energy.

Burning coal will produce about 10,373 terawatt-hours of electricity worldwide in 2023, and then slip to 10,332 terawatt-hours next year, according to a Monday report from the Oslo-based research company.