New coal capacity hit 20-year low in 2024: report

Global Coal Power Fleet Continues to Grow

The world added last year the smallest coal power capacity in 20 years, but the global fleet of coal-fired plants continued to grow despite the surge of renewables, data from Global Energy Monitor’s annual survey showed on Thursday. A total of 44.1 gigawatts (GW) of coal power capacity was commissioned, while 25.2 GW was retired in 2024, resulting in a net increase of 18.8 GW, according to data from the Global Energy Monitor’s Global Coal Plant …

New coal capacity hit 20-year low in 2024: report

The world added the smallest amount of new coal capacity in two decades last year, a report said Thursday, but use of the fossil fuel is still surging in China and India.

“Slow death:” World adds smallest amount of new coal power capacity in two decades

Coal’s “very slow death” is well and truly underway, with 2024 data revealing the lowest amount of new coal-fired power capacity in two decades.

Madrid, 2 Apr (EFE).- Latin America is "quickly" approaching the end of the expansion of coal: only Brazil and Honduras maintain active proposals for new plants, but "have been stagnant for years." This is the main conclusion for the region of the report 'Auge and drop of coal 2025', a survey on the state of the world coal fleet disseminated on Wednesday by the non-governmental organization Global Energy Monitor (Co-author), co-author of it. In …

North American Reports Improved Pricing and Deliveries

For Q4 2024, North American Coal reported coal deliveries of 6,133,000 tons versus 5,528,000 tons in 2023. For 2024, the company reported coal deliveries of 11,785,000 versus12,477,000 tons, and EBITDA of $3,255,000 versus $1,811,000 in 2023. It attributed the earnings improvement to favorable pricing and delivery mix, which contributed to a 39% improvement in revenues, net of reimbursed costs. For 2025, North American Coal said it anticipates s…

Globally, new coal-fired power generation capacity fell to a two-decade low, but total coal-fired power continued to grow despite the rise in renewables, data published Thursday by the Global Energy Monitor (GEM) showed. In total, in 2024, capacities were put into operation […] The article Global coal-fired power generation capacity continued to grow last year and appears for the first time in CursDeGuvernare.ro.