Press release: Coal’s decade of stagnation

Global coal demand dropped for a second year in a row in 2016, approaching the previous record for two-year declines set in the early 1990s. Global demand for coal fell by 1.9% in 2016 to 5 357 Mtce, as lower gas prices, a surge in renewables and energy efficiency improvements put a major dent on coal consumption. Demand for coal has now dropped by 4.2% since 2014, almost matching the fall of 1990-1992 which was the largest two-year decline recorded since the IEA started compiling statistics more than 40 years ago.

View full press release. 

Source: International Energy Agency

 

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