Global coal power additions fall to 20-year low
Global coal power additions in 2024 dropped to their lowest level in two decades, according to a new report by US-based think tank Global Energy Monitor (GEM). Despite the slowdown, the overall coal fleet still grew, driven mainly by new capacity in China and India. GEM’s Global Coal Plant Tracker found that 44.1 gigawatts (GW) of coal power capacity were commissioned and 25.2 GW retired in 2024, resulting in a net increase of 18.8 GW….