Increase of 2% last year driven by plant expansion in China and slowdown in US and Europe closures
Graham Watson's insight:
It seems as though global commitments to reduce fossil fuel consumption are weakening with the news that coal power capacity rose over the last year, largely driven by China. However, there's been a slowdown in the decommissioning of European coal-fired power stations, presumably as a result of the Ukraine war.Â
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It seems as though global commitments to reduce fossil fuel consumption are weakening with the news that coal power capacity rose over the last year, largely driven by China. However, there's been a slowdown in the decommissioning of European coal-fired power stations, presumably as a result of the Ukraine war.Â