Coal in demand more than ever – IEA ...News

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Coal in demand more than ever – IEA
Output and sales are forecast to reach record highs by the end of 2023 Worldwide demand for coal is set to reach a historic high this year, the International Energy Agency (IEA) said in its ‘Coal 2023’ report on Friday. The body sees global demand for the fuel rising 1.4% by the end of 2023, surpassing 8.5 billion tons for the first time on record, largely due to soaring coal consumption in emerging and developing economies. For instance, in India and China, it is expected to grow by 8% and 5%, respectively, largely driven by a growing demand for electricity amid insufficient hydropower production. Production of t

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