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Generating power from coal to hit record

The International Energy Agency has called on governments to take immediate and immediate action to curb carbon dioxide emissions, predicting that the amount of electricity generated from fossil fuels will rise sharply this year.

In its annual report on coal, the Paris-based group states that global electricity output from coal should have jumped by 9 percent in 2021 to 10,350 terawatt-hours, falling in 2019 and 2020.

“Coal is the largest source of gas in the world, and this year’s strong oil spill is a worrying sign of the world’s remoteness with the aim of reducing emissions to zero,” the IEA official said. director Fatih Birol.

“Without vigorous and prompt action by governments to address carbon offsets – in a fair, affordable and safe manner for those affected – we will have the opportunity to reduce global warming to 1.5 degrees Celsius.”

The return of coal-fired power shows the challenges governments face in trying to change the types of clean electricity. Although renewable resources such as wind and solar are increasing, they are struggling to keep up with rising demand for electricity and energy, leaving fuel-burning capacity to close the gap.

The IEA said the demand for coal in power generation was driven by economic growth from the epidemic. This resulted in increased demand for electricity beyond renewable energy and lower carbon emissions.

The innumerable increase in the prices of natural gas also increased consumption, making it cheaper and more profitable for coal-fired power plants in their power plants.

Total demand for coal – including its use in metallurgy, cement and other industrial activities – is projected by the IEA to grow by 6 percent in 2021 to more than 8bn tons. This puts demand in the near future by 2022 and remains at the same level for the next two years, the report said.

“Global coal mining operations will be carried out mainly by China and India, which is one-third of the world’s coal, although it has tried to increase renewable energy and other renewable energy sources,” the report said.

At the COP 26 climate summit in Glasgow last month a last-minute intervention from India and China undermined efforts to reduce coal and oil prices.

“China’s influence on the coal market is difficult to replicate. China’s electricity generation, combined regional warming, is one-third of the world’s coal,” the report said.

Coal prices have risen sharply this year, bringing significant benefits to major manufacturers such as Glencore, Thungela Resources and Whitehaven.

Australia’s high-profile coal mines – the Asian largest market mark – have risen more than $ 250 per tonne in October due to high demand from China, where production has not been successful due to tight security laws that have closed many mines. .

In the face of power shortages and power outages, Beijing has ordered its coal-fired companies to go “completely” and increase production. This has brought prices up to $ 150 per ton, but remains above the average for five years.

While it was disappointing that coal-fired power plants were due to arrive this year, Dave Jones of Ember, a climate and energy thinker, said it would begin to decline soon.

“China has been committed to reducing coal since 2025, when India’s main goal of recycling should eliminate the need for more coal. It will take time for the ship to turn, but time is not on our side to save 1.5 degrees to reach,” he said.

Additional reports by Camilla Hodgson


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