According to the International Energy Agency IEA, global coal consumption will probably be higher this year than ever before. Experts assume that the consumption of the fossil fuel will exceed 8 billion tons for the first time in 2022 and is about 1.2 percent higher than last year. According to an annual report published on Friday, coal consumption is likely to remain at this level until 2025.
"The world is near a peak in fossil fuel use," the IEA quoted Keisuke Sadamori, director of energy markets and security at the agency. Coal consumption should be the first to decrease, but they are not ready yet. However, there are many indications that the current crisis is accelerating the use of renewables and heating pumps, for example. That will moderate the demand for coal in the coming years.