cross-posted from: https://lemmy.sdf.org/post/36057050

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China and India have approved the construction of the largest capacity of new coal-fired power plants in a decade, as the world’s two most populous nations seek to bolster energy security, according to the International Energy Agency.

China gave the green light to almost 100 gigawatts of new coal-fired plants in 2024, and India a further 15 gigawatts, pushing global approvals to their highest level since 2015, the Paris-based agency said.

“The capacity in coal is increasing,” IEA Executive Director Fatih Birol said in an interview as the agency published its annual World Energy Investment report. “But we also see that the capacity utilization rate in China is lower than in previous years, they are mainly using this when there are major challenges to meet the electricity demand.”

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Investments in coal supply continue to tick upward with another 4% increase expected in 2025, a slight slowdown compared with the 6% annual average growth seen over the last five years, the IEA said. “Nearly all the growth in coal investments in 2024 came from China and India to meet domestic demand,” according to the report.

Trends in coal and other carbon-intensive sources may not be conducive to meeting global climate targets.

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