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GlobalData: Global coal production set to grow to 2022, despite major players scaling down capacities

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Although Germany, the UK, US, Canada and Ukraine are phasing out domestic coal production capacity, expansion of production capacity in countries such as India and Indonesia is predicted to generate modest annual growth of 1.3% in coal production over the next four years, with output reaching 7.6 to 7,188.8 to 7,194.1

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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. CO 2 emissions from coal use are expected to grow 1.0% [0.2% While the data indicates that coal use has plateaued in the last 10 years, there remains considerable uncertainty on when it will start to decline. increase in 2021.

Global 221
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Rhodium Group estimates US GHG emissions rose 1.3% in 2022

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Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Consequently, the US economy grew 1.9% in 2022, down from a 5.7% GDP increase in 2021. compared to the previous year.

Emissions 273
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BNEF: cost of new renewables rises as inflation starts to bite

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The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. New-build onshore wind and solar projects are now around 40% lower than BNEF’s global benchmarks for new coal- and gas-fired power. Cost rises are linked to increases in the cost of materials, freight, fuel and labor.

Cost Of 210
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How Russia Sent Ukraine Racing Into the “Energy Eurozone”

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Ukraine's grid held, even as Russia damaged substations, lines and generators—a remarkable and heroic (though largely unheralded) achievement. Tight coal and gas reserves continued to bite throughout the winter. Tight coal and gas reserves continued to bite throughout the winter. “We ius told IEEE Spectrum yesterday.

Ukraine 103
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The Future of Fission Reactors May Be Small

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Even more discouragingly, nuclear’s per-unit cost increased 26 percent between 2009 and 2019—while solar and wind power prices plummeted instead. So far, Rosatom has avoided Western sanctions over Russian aggression in Ukraine. But TENEX has still become untenable for many of its would-be customers.

Future 111
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We Need More Than Just Electric Vehicles

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Manufacturing an EV battery using coal-based electricity results in more than three times the greenhouse-gas emissions of manufacturing a battery with electricity from renewable sources. 70 percent of lithium-ion batteries are produced in China, which derived 64 percent of its electricity from coal in 2020.