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Coal fired power generation at all time high

The world’s operating coal fired power capacity has grown 11% since 2015, and global coal use and coal capacity reached an all time high in 2023. The global coal fleet grew by 48.4 gigawatts (GW), or 2%, in 2023 to a total of 2,130 GW, with China driving two-thirds of additions. Outside of China, the coal fleet also saw a small 4.7 GW uptick for the first time since 2019. Although new retirement plans and phaseout commitments continued to emerge, less coal capacity was retired in 2023 than in any other single year in more than a decade.

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