Page 1 - AsiaElec Week 17 2022
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Issue 629 27 April•2022 Week 17
aster coal decline needed to meet net zero
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Total global coal power capacity under development declined by 13% in 2021 to 457 GW, a
record low, with the number of countries building coal plants falling from 41 in 2020 to 34 in
2021
China’s withdrawal from coal funding
China’s “no new coal overseas” policy could close 12.8 GW in the developing world
India’s need for coal
Three India state governments have said they will buy in 10.5mn tonnes in a bid to combat
power cuts, potentially tightening global coal markets and pushing up prices