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Which institution released the report titled 'Coal 2022: Analysis and Forecast to 2025'?
A)
IEA
B)
FAO
C)
UNEP
D)
World Bank

Correct Answer :   IEA


In a report titled ‘Coal 2022 : Analysis and Forecast to 2025,’ International Energy Agency (IEA) said the global coal use is set to rise by 1.2% in 2022, surpassing 8 billion tonnes in a single year for the first time and eclipsing the previous record set in 2013.
 
* Based on current market trends, the report forecasts that coal consumption will then remain at nearly the same level through 2025 as declines in mature markets (US, EU etc) are offset by continued demand for coal in emerging Asian economies.

* “This means coal will continue to be the global energy system’s largest single source of carbon dioxide emissions by far”.
 
* The largest increases in coal burn are forecast for China (+5%), India (+7%) and Southeast Asia (+14%). Meanwhile, coal-fired power generation will continue to contract in the United States (-18%) while a return to a declining trajectory is expected for the European Union (-29%).
 
* Europe, which has been severely impacted by the Russia-Ukraine crisis as its supply of natural gas from Russia has stopped, is on course to increase its coal consumption for the second year in a row. By 2025, however, European coal demand is expected to decline below 2020 levels, IEA has said.

* Some European countries postponed scheduled closures of coal power plants and activated coal-fired reserve capacity to limit gas usage in the power sector. “In total, we forecast coal power generation to increase by 1.8% to 10,339 TWh, a new all-time high. Overall, we expect coal demand for power generation to rise by 2.4% to 5,472 Mt, with China consuming more than half of the increase”..

Source : Hindustan Times

Published On : December 21, 2022
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