Demand is expected to reach a record high, new report shows Global coal demand could reach 8 billion tons in 2022, matching a historic high set in 2013, and further growing in 2023, the International Energy Agency (IEA) said in a coal market update report published on Thursday. “Based on current economic and market trends, global coal consumption is forecast to rise by 0.7% in 2022 to 8 billion tons, assuming the Chinese economy recovers as expected in the second half of the year... This global total would match the annual record set in 2013, and coal demand is likely to increase further next year to a new all-tim
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