Global Energy Monitor’s Global Coal Plant Tracker:
Global Energy Monitor (GEM), a not-for-profit cataloging coal projects worldwide, has released its quarterly update of GEM’s Global Coal Plant Tracker, highlighting several key findings regarding the status of coal power projects worldwide.
- More than 95% of coal plant capacity beginning construction in 2023 is in China, showcasing a dominance in new coal projects.
- A decline is observed in new coal power capacity construction for the second consecutive year, signaling a shift away from coal in many regions.
- 110 GW of coal power capacity is under consideration in 32 countries, indicating a significant amount of Coal projects are still being deliberated.
- India, Bangladesh, and Indonesia lead, comprising 83% of the proposed coal capacity outside China.
- 18.3 GW of coal capacity moved from proposed to shelved or canceled status in the first nine months of 2023 across several countries.
- Despite cancellations, 15.3 GW of entirely new proposals emerged in India, Indonesia, Kazakhstan, and Mongolia.
- India, Indonesia, Bangladesh, and Vietnam represent 84% of the 67 GW of coal power capacity under construction outside China as of July 2023.
- India plans to increase coal-fired power plant capacity significantly by 2032, aiming for 80 GW compared to the previously stated 27 GW in the National Electricity Plan 2022-32 (NEP).
- Specific states in India have seen advancements in coal plant projects, with permits granted and progress reported in states like Chhattisgarh, Gujarat, Jharkhand, Madhya Pradesh, Odisha, and Uttar Pradesh.
Global Energy Monitor (GEM):
- GEM develops and shares information in support of the worldwide movement for clean energy.
- By studying the evolving international energy landscape and creating databases, reports, and interactive tools that enhance understanding, GEM seeks to build an open guide to the world’s energy system.
- Users of GEM’s data and reports include the International Energy Agency, United Nations Environment Programme, the World Bank, and the Bloomberg Global Coal Countdown.
- Global Coal Plant Tracker is an online database that identifies and maps every known coal-fired generating unit and every new unit proposed since 2010 (30 megawatts and larger).
- Developed by GEM the tracker uses footnoted wiki pages to document each plant and is updated biannually, around January and July.