New Delhi: Coal will remain king in India, the International Energy Agency said on Thursday, despite continued pressure from the government for renewable energy, further pushing away the net-zero targets.
According to the IEA’s Coal Report 2021, India’s coal consumption will grow at an average annual rate of 3.9% in 2024 to 1.18 billion tonnes between 2022 and 2024, on the back of 7.4% GDP growth, partly due to Will be filled with fuel. Coal
It saw India’s total annual demand for coal 1.05 billion tonnes in 2021, slightly higher than pre-pandemic levels, up from 931 million tonnes (mt) in 2020, when consumption fell due to pandemic-induced demand destruction.
“As more homes connect to the grid and incomes continue to rise, higher sales of home electrical appliances (and electric vehicles in the near future) will drive a steady increase in electricity demand. The needs of construction and infrastructure projects will continue to grow. To meet the demand for electricity is also expected to increase in industries such as aluminum, as well as steel and cement production.
No wonder reports India, China and the US raised global coal consumption to record levels early next year, casting a shadow on the net-zero pathway announced by countries at the recent COP26 climate summit in Glasgow, UK .
India has set a net-zero target by 2070, largely hinged on achieving 450 GW of renewable capacity by 2030.
“Pledges to reach net-zero emissions made by many countries, including China and India, should have very strong implications for coal – but these are not yet visible in our near-term forecasts, which are fueled by ambitions and action. key differences between,” according to Keisuke Sadamori, IEA’s Director of Energy Markets and Security.
Sadamori sees China and India, which account for two-thirds of total demand and are dependent on coal and with a combined population of about 3 billion people, as the keys to future coal demand.
At 705 million tonnes in 2020, electricity generation accounted for the largest share of India’s coal consumption, followed by thermal coal for non-electrical applications at 170 million tonnes. The rest was metallurgical coal which was mainly used in steel production.
Consumption across all end uses fell 8% from 2019, as a result of the pandemic lockdown. Coal-fired electricity generation dropped by 3.5% in 2020.
According to the report, coal-fired generation will make up 74% of the electricity mix in 2021, up from 72% in 2020, mainly due to new electricity connections for 28.2 million households and a deadly second post-Covid-19 revival of the economy. Unfold. Wave.
Electricity demand in India grew rapidly in 2021. Utility electricity generation, which accounts for more than 85% of total electricity generation, was 13% higher from January to August 2021 compared to the same months in 2020, and 5% higher than the previous year. 2019
According to the IEA’s Coal Report 2021, India’s coal consumption will grow at an average annual rate of 3.9% in 2024 to 1.18 billion tonnes between 2022 and 2024, on the back of 7.4% GDP growth, partly due to Will be filled with fuel. Coal
It saw India’s total annual demand for coal 1.05 billion tonnes in 2021, slightly higher than pre-pandemic levels, up from 931 million tonnes (mt) in 2020, when consumption fell due to pandemic-induced demand destruction.
“As more homes connect to the grid and incomes continue to rise, higher sales of home electrical appliances (and electric vehicles in the near future) will drive a steady increase in electricity demand. The needs of construction and infrastructure projects will continue to grow. To meet the demand for electricity is also expected to increase in industries such as aluminum, as well as steel and cement production.
No wonder reports India, China and the US raised global coal consumption to record levels early next year, casting a shadow on the net-zero pathway announced by countries at the recent COP26 climate summit in Glasgow, UK .
India has set a net-zero target by 2070, largely hinged on achieving 450 GW of renewable capacity by 2030.
“Pledges to reach net-zero emissions made by many countries, including China and India, should have very strong implications for coal – but these are not yet visible in our near-term forecasts, which are fueled by ambitions and action. key differences between,” according to Keisuke Sadamori, IEA’s Director of Energy Markets and Security.
Sadamori sees China and India, which account for two-thirds of total demand and are dependent on coal and with a combined population of about 3 billion people, as the keys to future coal demand.
At 705 million tonnes in 2020, electricity generation accounted for the largest share of India’s coal consumption, followed by thermal coal for non-electrical applications at 170 million tonnes. The rest was metallurgical coal which was mainly used in steel production.
Consumption across all end uses fell 8% from 2019, as a result of the pandemic lockdown. Coal-fired electricity generation dropped by 3.5% in 2020.
According to the report, coal-fired generation will make up 74% of the electricity mix in 2021, up from 72% in 2020, mainly due to new electricity connections for 28.2 million households and a deadly second post-Covid-19 revival of the economy. Unfold. Wave.
Electricity demand in India grew rapidly in 2021. Utility electricity generation, which accounts for more than 85% of total electricity generation, was 13% higher from January to August 2021 compared to the same months in 2020, and 5% higher than the previous year. 2019
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