In 2020, for instance, coal consumption dropped by around 18 percent whereas total energy consumption fell by around eight percent. While China has begun to reduce its dependence on coal, it still accounts for the largest share of coal consumption among all nations. Simultaneously, coal consumption has remained relatively stable at just under 40 percent of primary energy consumption among non-OECD nations (see Table 2). India’s coal story is beset with additional challenges including planned decommissioning of older coal plants (approximately 54 GW of coal plants by 2030). [31] Shreyas Garg, Rishabh Jain, and Gagan Sidhu, “Financing India’s Energy Transition through International …” CEEW.

Source: Economic Times November 11, 2021 04:12 UTC