IEA predicts global peak in coal consumption by 2023 ...Iraq

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IEA predicts global peak in coal consumption by 2023
Shafaq News/ The International Energy Agency (IAE) predicted that global coal consumption would peak with increased pressure being experienced in developing countries. A report by the IAE indicated the need for around 8.5 billion tonnes of coals in 2023, with a projected increase in consumption level at 1.4%. Coal consumption in India is projected to increase by 8%, while that of China will be 5% as electricity demand is high with less hydropower generation. Nonetheless, the report predicted a decline of nearly 20% in both the European Union and the USA for coal application in 2023. From 2026, there are projections by IEA on declining coal use because of the significant increase in renewabl

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