Boom and Bust 2020: Tracking the Global Coal Plant Pipeline

  • We will be sending a download link of the report to the above email. By clicking Download Report, you consent to receive emails from Energy Tracker Asia. We won’t distribute your email address to any third party at any time. If you are under 16 years of age, please get consent from your parents or guardian first. View our Privacy Policy.

    Would you also like to receive our weekly Energy Insights Newsletter on energy trends and energy financing delivered to your email? You can unsubscribe any time.

  • このフィールドは入力チェック用です。変更しないでください。

For the fourth year in a row, most leading indicators of coal power capacity growth declined in 2019, including construction starts, amount of capacity permitted for construction, and amount of capacity in pre-permit development, according to the Global Coal Plant Tracker.

With climate concerns dominating headlines, builders of new coal plants face an increasingly adverse business environment, including widening restrictions by over 126 globally significant banks and insurers, as well as commitments to phase out coal and accelerate a transition to clean power by 33 national and 27 subnational governments.

Despite the decline in coal plant development, the coal fleet grew in 2019 by a greater amount than in 2018. The uptick was primarily due to an increase in plants going into operation in China, the result of a permitting binge from 2014 to 2016. Outside of China, the global coal fleet overall shrank for the second year in a row as retirements exceeded commissioning. Globally, the amount of power generated from coal in 2019 declined by 3% compared to 2018, with global coal plants now operating at an average 51% of their available operating hours, a record low.