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Global coal demand to peak before gradual decline by 2030

Global coal demand is expected to stabilise by the end of the decade as growing competition from other power sources begins to weigh on the market’s long-term outlook.

Global coal demand to peak before gradual decline by 2030

SectorCharbon
ThemeMarchés & Finance, Analyse sectorielle

Global coal demand is expected to decline slightly by 2030, according to the latest forecasts, after reaching a new record of 8.85 billion tonnes in 2025. This plateau is explained by intensifying competition from renewable energy, liquefied natural gas and nuclear, particularly in the power generation sector, which currently accounts for two-thirds of global coal consumption.

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