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China Dominates Global Coal Consumption

In 2023, China increased its coal consumption from 88 EJ to nearly 92 EJ—totalling 56% of global coal consumption.

Despite many nations transitioning away from fossil fuels, in 2023, world coal consumption reached a staggering 164 exajoules (EJ) of energy, a record high for any year.

However, a heavy reliance on coal in the Asia Pacific region has led to global coal consumption remaining essentially the same over the past 10 years.

For this graphic, Visual Capitalist's Alan Kennedy has partnered with Range ETFs to explore the role coal plays in the global energy mix and determine which regions still consume large quantities of coal.

The Role of Coal in Global Energy Coal is a significant player in the global energy mix, contributing 26% of the world’s energy in 2023, more than all non-fossil fuel sources combined.

Many developing nations are now expanding their coal consumption, presenting potential opportunities in the coal market.

This contributed significantly to Asia Pacific leading the world with a staggering 83% of global coal consumption. 

https://www.zerohedge.com/energy/china-dominates-global-coal-consumption 

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