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The number of coal-fired power plants in pipelines worldwide will decline in 2021, according to research published Tuesday. But the fossil fuel responsible for the most global warming continues to set a record for CO2 emissions that threaten Paris' climate targets.
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Since the 195-nation treaty was signed in 2015, coal-fired power generation capacity under construction or slated for development has declined by three-quarters. This includes a 13 percent year-over-year decline in 2021 to 457 gigawatts (GW) globally. More than 2,400 coal-fired power plants operate in 79 countries with a total capacity of 2,100 GW.
The record-low 34 countries had new coal plants under consideration, down from 41 in January 2021, according to the annual Global Energy Monitor Tracking the Global Coal Plant Pipeline. China, Japan and South Korea, which have historically supported the development of off-border coal. It has pledged to stop funding coal-fired power plants in other countries. Although there are still concerns about possible vulnerabilities in China's commitments.
And yet, the global operating fleet of coal-fired power is growing in 2021 by 18 GW, and as of December, 176 GW of additional coal capacity is under construction, roughly the same as the year before.Most of the growth is in China. That accounts for only half of the new coal power in the pipeline. South and Southeast Asia accounted for another 37 percent.
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